Q4 production of 224.9 kboepd (-1.3% vs. ARCe)FY'23 production of 213 kboepd (in line with guidance 210-220 kboepd)Update points towards Q4 revenue of USD 1,680m (-2.2% vs. ARCe & -4.8% vs. current BB cons)Takes Balder impairment of USD 530m (pre-tax) due to increased costs and lower forward prices

25 Jan 2024
Arctic FLASH: Vår Energi - Neutral Q4 trading update

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Arctic FLASH: Vår Energi - Neutral Q4 trading update
Var Energi ASA (VAR:OSL) | 0 0 0.0%
- Published:
25 Jan 2024 -
Author:
Daniel Stenslet | Andreas G. Sie -
Pages:
11 -
Q4 production of 224.9 kboepd (-1.3% vs. ARCe)FY'23 production of 213 kboepd (in line with guidance 210-220 kboepd)Update points towards Q4 revenue of USD 1,680m (-2.2% vs. ARCe & -4.8% vs. current BB cons)Takes Balder impairment of USD 530m (pre-tax) due to increased costs and lower forward prices