EBITDA NOK 1.7bn (+15% vs. cons)Cash position at year-end NOK 2.3bn, above ARCe (NOK 1.9bn)2024 production guidance: 35 – 40kboepd (vs. ARCe at 35.4 kboepd)2024 capex guidance: NOK 2.8 - 3.0bn (vs. ARCe 2.3bn), Statfjord likely the main dev.

08 Feb 2024
Arctic Credit FLASH: OKEA - Strong operations, higher 2024 cash spend

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Arctic Credit FLASH: OKEA - Strong operations, higher 2024 cash spend
- Published:
08 Feb 2024 -
Author:
Daniel Stenslet | Øyvind Hagen -
Pages:
12 -
EBITDA NOK 1.7bn (+15% vs. cons)Cash position at year-end NOK 2.3bn, above ARCe (NOK 1.9bn)2024 production guidance: 35 – 40kboepd (vs. ARCe at 35.4 kboepd)2024 capex guidance: NOK 2.8 - 3.0bn (vs. ARCe 2.3bn), Statfjord likely the main dev.