Oil firm DNO swings to Q3 loss amid writedowns
OSLO, Oct 31 (Reuters) - Independent oil firm DNO swung to a third-quarter loss amid writedowns on assets in the North Sea and northern Iraq, the Norwegian company said on Thursday.
The company's net result fell to a loss of $140.9 million from a year-ago profit of $98.7 million, the company said, while adding it would maintain its dividend payout policy. (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)