Dno Asa Ord (DTNOF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to DNO's second quarter 2025 earnings call. My name is Jostein Löfvås and I am the communication manager here at DNO. Present with me in Oslo on this beautiful day in August are executive chairman Bijan Masavar-Amani, managing director Chris Spencer and CFO Håkon Sandborg. At first, Björn will give an introduction. It will be followed by a presentation of the results, which will be given by. After the presentation, we will open for questions in a Q&A session. And as always, shareholders first, but analysts are also welcome to ask questions. Press questions will be dealt with afterwards. During the presentation, the microphones of the participants will be muted. If you want to ask a question in the Q&A session, please click on the virtual hand on top of your screen. When you are selected, you will be notified on your screen that you are allowed to unmute, after which you must remember to unmute yourself. With that, let's get started. I will hand over to Peter. Good morning. Thank you, Joost, for that introduction. Before we start with the presentation of the operational results, financial results for our second quarter, I just wanted to say a few words first of welcome and to say that we have had, of course, for those of you who have had a chance to see the release or the reports this morning, We've had a very, very exciting second quarter at DNO on the back, importantly, of the acquisition of Sval Energy and the bringing together of our assets and of our teams. We've had now tremendous results in terms of revenues, in terms of operating profits, in terms of production in terms of reserves and it's really truly been a transformational uh for the company and we are all very very excited those of us uh who've been in dno uh longer and the new uh...