Core Viewpoint - DNO ASA, a Norwegian oil and gas operator, is set to release its Q4 2025 operating and interim financial results on February 5, 2026, and has provided an update on production and sales volumes for the quarter [1]. Production and Sales Volumes - Gross operated production in Q4 2025 was 77,268 boepd in Kurdistan, up from 46,572 boepd in Q3 2025 and slightly higher than 74,163 boepd in Q4 2024 [2]. - North Sea production was 10,555 boepd in Q4 2025, down from 11,508 boepd in Q3 2025 but significantly higher than 6,602 boepd in Q4 2024 [2]. - Net entitlement production in Kurdistan for Q4 2025 was 20,019 boepd, an increase from 14,449 boepd in Q3 2025 and 17,424 boepd in Q4 2024 [2]. - North Sea net entitlement production reached 88,271 boepd in Q4 2025, up from 77,324 boepd in Q3 2025 and significantly higher than 19,031 boepd in Q4 2024 [2]. - Sales volumes in Kurdistan for Q4 2025 matched net entitlement production at 20,019 boepd, while North Sea sales were 74,952 boepd, down from 79,419 boepd in Q3 2025 but higher than 17,088 boepd in Q4 2024 [2]. - Equity accounted production in Côte d'Ivoire was 3,456 boepd in Q4 2025, up from 3,143 boepd in Q3 2025 and higher than 2,994 boepd in Q4 2024 [2]. Financial Highlights - DNO paid a dividend of NOK 0.375 per share in Q4 2025, totaling USD 35.8 million, which annualizes to NOK 1.50 per share [3]. - The company also paid taxes amounting to USD 96.5 million in Norway related to estimated taxable profit for 2025 and final tax assessment for 2024 [3]. Exploration Activities - DNO participated in three exploration wells on the Norwegian Continental Shelf during the quarter [4]. - The Page well in PL1086 was classified as dry, while the Tyrihans Øst well in PL1121 and Camilla Nord in Vega Unit discovered between 1-8 million barrels of oil equivalent (MMboe) and 2.2-4.7 MMboe, respectively, indicating potential for tie-back to existing infrastructure [4].