DNO’s Mondoil purchase allows RAK-P to enter voluntary liquidation

Issue 1157 - 19 Oct 2022 | 2 minute read

Oslo Stock Exchange-listed DNO confirmed that it had bought Mondoil Enterprises from RAK Petroleum plc (RAK-P), which is now delisting from the Oslo Børs as the Ras Al-Khaimah enterprise will be liquidated in an arrangement agreed with UK commercial courts. The Mondoil funds will be distributed to RAK-P shareholders.

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