Vår Energi - (VAR)

Bingo123 · september 22, 2023, 10:24am

Ganske så utrolig at ikke Vår får det til bedre i dette bull markedet.

pleximus83 · september 22, 2023, 10:28am

…vedder two cents på at mr Tinyhorse ikke klarer 14% yield i året

aTinyHorse · september 22, 2023, 10:44am

Sa jo nettop at jeg ikke selger til denne prisen.

HanSolo · september 22, 2023, 6:35pm

Er det riktig at kursen i dag sank 2 kroner 6,84% fordi CEO fikk kjøpe det som tilsvarer 1,5/10 000 av aksjebeholdningen til Vår med 3 kroners rabatt ?
verdi på 4 992 812 492Nok forsvant fordi CEO fikk en rabatt på 1 115 439nok når han kjøpte aksjer for 10 782 577NOK?
Hadde effekten vært den samme om de gav ham 1 115 439 netto i bonus og han kjøpte like mange aksjer fra markedet?

Bab · september 22, 2023, 6:47pm

En av de største aksjonærene meldte i går at de ville selge seg ned 140-150mill aksjer. I stedet for å ta dette rett i markedet og bombe kursen, tilbydde de dette via meglere i bulk utenfor børs (til 29kr). En av de som ble tilbudt dette var da CEO og han slo til på det som står i meldingen.

Hadde Hitec solgt over børsen ville den muligens vært lavere i dag, samtidig er det en god nyhet at CEO har tro på selskapet. Så alt i alt kunne det vært verre for de som var inne før dette.

Finans · september 22, 2023, 8:25pm

Sees medio 25

pleximus83 · september 25, 2023, 7:06am

Cinvest · september 28, 2023, 7:28am

Ser ut som vi nå har fått med oss Fredriksen på videre ferd:

TekBot · oktober 2, 2023, 2:07pm

Correction: Updated responsibility statement in second quarter 2023 results

TekBot · oktober 5, 2023, 5:06pm

Vår Energi sells Brage assets as part of portfolio optimisation

Sandnes, Norway, 5 October 2023: Vår Energi ASA (OSE: VAR) has signed an
agreement with Petrolia NOCO AS (Petrolia) for the disposal of the 12,2575%
interest in the Brage Unit.
…

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The Brage Field is a late life producing field located in the Central North Sea
operated by OKEA (35.2%). The field started production in 1993 and comprises a
production, drilling and quarters platform with oil transportation via OTS/Sture
Terminal and gas offtake through Gassled.

“The transaction is part of Vår Energi’s ongoing portfolio optimisation process,
in line with stated long term strategic drivers and performance metrics to
reduce cost and enhance value creation”, said Stefano Pujatti, CFO in Vår
Energi.

Vår Energi net production from the field was 1.0 Kboepd in the first half 2023
and had remaining net reserves 1.9 mmboe at year-end 2022.

The transaction is subject to normal regulatory approvals and is expected to
close by year end 2023. The deal does not impact the Company’s previously
announced production guidance.

Contact:

Investor Relations

Ida Marie Fjellheim, Head of IR

+47 90509291

ida.fjellheim@varenergi.no

Media relations

Andreas Wulff, Communication Manager

+47 92616759

andreas.wulff@varenergi.no

About Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the
Norwegian continental shelf (NCS). We are committed to deliver a better future
through responsible value driven growth based on over 50 years of NCS
operations, a robust and diversified asset portfolio with ongoing development
projects, and a strong exploration track record. Our ambition is to be the
safest operator on the NCS, the partner of choice, an ESG leader with a tangible
plan to reduce emissions from our operations by 50% within 2030.

Vår Energi has around 1000 employees and equity stakes in 39 fields and the
company produced net 208 kboepd in first half of 2023. We have our headquarters
outside Stavanger, Norway, with offices in Oslo and Hammerfest. To learn more,
please visit varenergi.no.

Kilde

TekBot · oktober 12, 2023, 5:01am

Vår Energi: Third quarter 2023 trading update

Sandnes, Norway, 12 October 2023: Vår Energi ASA (OSE: VAR, the “Company”) will
publish its financial report for the third quarter 2023 on Tuesday 24 October.
Today, the Company provides an update on production, sales volumes and other
…
Vis børsmeldingen

relevant items.

Vår Energi’s net production of oil, liquids and natural gas averaged 210 kboepd
in the third quarter of 2023, up 4% from the second quarter of 2023 and a
decrease of 2% compared to the third quarter of 2022. The production in the
quarter was impacted by planned seasonal maintenance and increased contribution
from new fields Bauge, Hyme and Fenja, which started production in the second
quarter. The production guidance for 2023 is 210 to 220 kboepd. The anticipated
exit production rate for the year is above 230 kboepd due to completion of
turnarounds in the third quarter and new projects coming onstream.

The production split in the third quarter was 66% oil and NGLs (liquids) and 34%
gas. Total volumes produced were 19.3 mmboe whereas volumes sold in the quarter
amounted to 19 mmboe. The underlift position is a result of cargoes slipping
into the fourth quarter. Vår Energi obtained a strong average realised price
(volume-weighted) of USD 85 per boe in the quarter. The robust sales mix of
crude oil qualities resulted in a realised crude price of USD 87 per barrel. The
realised gas price of USD 91 per boe is a result of fixed price contracts and
flexible gas sales agreements, allowing for optimisation of indices. The fixed
price contracts represented 23% of third quarter gas volumes sold at an average
price of approximately USD 190 per boe, substantially above spot market
reference price.
                         Q3 2023  Q2 2023  Q3 2022  YTD 2023  YTD 2022
Production (kboepd)¹
Crude oil 125.6 114.7 122.0 119.8 124.1
Gas 70.9 73.1 78.8 75.3 82.8
NGL 13.2 14.7 13.7 13.8 15.1
Total 209.7 202.5 214.5 208.9 222.0

Realised prices (USD/boe)
Crude oil price 87.1 78.5 107.8 83.3 107.4
Gas price 90.8 98.5 203.9 123.8 172.3
NGL price 42.5 37.5 61.8 43.2 68.5
Average (volume-weighted) 85.0 81.9 139.0 94.2 127.2

Volumes sold/lifted (mmboe)
Crude oil 11.9 10.0 10.1 32.5 33.3
Gas 5.8 6.0 6.6 18.4 20.6
NGL 1.4 1.5 1.4 3.7 4.5
Total 19.0 17.5 18.1 54.4 58.4

Total production (mmboe) 19.3 18.4 19.7 57.0 60.6
Over/(Underlift) (mmboe) (0.3) (0.9) (1.6) (2.6) (2.2)

Including fuel gas

Other items

Vår Energi’s functional currency is NOK, whilst interest bearing loans are in
USD. The strengthening of the NOK in the third quarter of 2023 led to a net
exchange rate gain of approximately USD 40 million.

As previously communicated, the following items impacted the free cash flow in
the quarter: Cash tax payment of NOK 2.6 billion (USD ~0.26 billion) and a
dividend payment for the second quarter of USD 270 million, paid in August 2023.

The information above is based on a preliminary assessment of the Company’s
third quarter 2023 financial results and may be subject to change until the
financial statements have been finally approved and published by the Company.

Third quarter webcast and conference call

Vår Energi will release its quarterly results on 24 October at 07:00 CEST. A
webcast and conference call followed by Q&A will be held at 10:00 CEST, hosted
by CEO Nick Walker and CFO Stefano Pujatti.

You can follow the webcast with supporting slides, available on:
WN Event
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-reports%2FEkaaxpJsr3rekrw2RRgX&data=05%7C01%7Cida.fjellheim%40varenergi.no%7C76b
dd8ac8c514d3c80f208dbc5882a5b%7C77da4c42ba77462bbb547f7ea57bd0a8%7C0%7C0%7C638320
960850816714%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6
Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=mT2%2B7jfg5J0uXn9s%2FOghTNaTRHUc%2Fd
HnKMA1qBXQ7Y4%3D&reserved=0)

Contact

Investor relations

Ida Marie Fjellheim, Head of Investor Relations

+47 90509291

ida.fjellheim@varenergi.no

Media relations

Andreas Wulff, Communication Manager

+47 92616759

andreas.wulff@varenergi.no

About Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the
Norwegian continental shelf (NCS). We are committed to deliver a better future
through responsible value driven growth based on over 50 years of NCS
operations, a robust and diversified asset portfolio with ongoing development
projects, and a strong exploration track record. Our ambition is to be the
safest operator on the NCS, the partner of choice, an ESG leader with a tangible
plan to reduce emissions from our operations by 50% within 2030.

Vår Energi has around 1000 employees and equity stakes in 39 fields and the
company produced net 209 kboepd² in first three quarters of 2023. We have our
headquarters outside Stavanger, Norway, with offices in Oslo and Hammerfest. To
learn more, please visit varenergi.no.

This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.

Excluding the Neptune acquisition

Kilde

HanSolo · oktober 13, 2023, 8:08pm

hatitchi · oktober 13, 2023, 8:27pm

Ble heller 35, gitt. På tide å ta gevinst?

Chrishn · oktober 14, 2023, 7:53am

Men kan fort gå til 40. Virker som det som skjer i Israel Palestina kan eskalere en del mer. Skal ikke se bort ifra at olja går til 100 om Iran blir innblanda noe mer. Men aldri feil å ta noe gevinst

Chrishn · oktober 14, 2023, 7:54am

Gostemning · oktober 14, 2023, 7:41pm

Digg aksjekurs, greit med utbytte. Lenge til Russland skal levere olje og gass til vesten igjen

bones70 · oktober 15, 2023, 11:53am

Denne kan fint gå i 100 kr på lang sikt.

TekBot · oktober 16, 2023, 6:36am

Restructuring of HitecVision funds’ interests in Vår Energi ASA

Point Resources Holding AS (“PRH”) is the investment holding company consolidating the interests of various funds and co-investment vehicles (the “Funds”) managed or advised by HitecVision Advisory AS (“HitecVision”) in the publicly listed company Vår Energi ASA (OSE: VAR) (“Vår Energi” or the “Company”). PRH is currently the second largest shareholder in Vår Energi owning 359,459,678 shares (the “PRH Shares”), representing approximately 14.4% of the outstanding shares and votes in the company.

As announced on 10 August 2022, HitecVision has initiated a restructuring of the Funds’ respective interests in the Company. A final decision has now been made to implement the restructuring.
…

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Pursuant to the restructuring, PRH will be finally liquidated and the shares in Vår Energi will be held by a new holding vehicle, SpringPoint Holding II AS (“SPH II”). SPH II is indirectly, through SpringPoint Holding Limited, wholly-owned and controlled by HitecVision SpringPoint, L.P. (“SpringPoint”), an investment vehicle managed by HitecVision. Immediately upon completion of the restructuring, the investors in the Funds will continue their indirect investment in Vår Energi through SpringPoint in the same proportion as their respective current interests in Vår Energi.

As part of the restructuring, an estimated 30,070,976 of the PRH Shares, representing approximately 1.2% of the outstanding shares and votes in Vår Energi, will be transferred to certain minority investors (mainly former management and employees of companies now forming part of Vår Energi who are also minority investors in PRH). Accordingly, following completion of the restructuring, SPH II will hold an estimated 329,388,702 shares representing approximately 13.2% of the outstanding shares and votes in Vår Energi. SPH II will not hold other shares or rights to shares in Vår Energi. The exact number of PRH Shares that will be transferred to minority investors and to SPH II, respectively, may differ slightly from the above numbers and will be determined within the near future and an updated disclosure made once finally determined.

SpringPoint will be managed by HitecVision and enable HitecVision to continue to remain actively committed to Vår Energi for a longer period than if PRH had remained a shareholder.

The restructuring is expected to be completed towards end of October 2023. As previously announced, the lock-up agreement over shares in Vår Energi agreed in connection with the sale of shares in Vår Energi by PRH announced on 22 September 2023 will be continued as commitments for the new holders of the shares following completion of a restructuring. Further, with respect to the PRH Shares that will be transferred to SPH II, the pledge over such shares disclosed on 14 October 2022 will be continued with SPH II as new pledgor.

HitecVision is represented on the Board of Directors of the Company, and PRH and SPH II is a close associate to Ove Gusevik, board member and primary insider in Vår Energi. A PDMR notice will be published when the exact number of PRH Shares to be transferred to SPH II is determined. Following completion of the restructuring HitecVision will continue to have representation on Vår Energi’s board of directors.

This disclosure is made pursuant to section 4-2 of the Norwegian Securities Trading Act.

13 October 2023

Kilde

TekBot · oktober 20, 2023, 6:12am

Breidablikk on stream ahead of schedule

Sandnes, Norway, 20 October: Production from the Breidablikk field in the North
Sea commenced on October 19, ahead of plan and on budget. Tied back to the Grane
platform, the subsea field holds almost 200 million barrels of recoverable oil.
…

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The project supports the company’s strategy for growth and value creation.

“We are delighted to see Breidablikk coming on stream four months ahead of plan,
within budget and with higher initial production than expected. This marks a key
milestone in our strategy for growth and long-term value creation of more than
50% production increase and to reach 350 thousand barrels of oil equivalent per
day (kboepd) by end 2025. The project is highly profitable and will add up to
60 kboepd gross of high margin volumes once plateau production is reached,
secure energy supplies to our European customers and generate value for the
Norwegian society and our owners”, says Vår Energi CEO, Nick Walker.

The project has taken just over three years to complete, following the PDO
submission in September 2020. The original plan was to start production from
five wells in the first quarter of 2024. The project is on stream ahead of
schedule and the number of wells drilled has increased to eight, adding extra
production potential from day one. The remaining wells will be drilled and
completed by end 2025.

Mr Walker adds, “Vår Energi is one of the fastest growing E&P companies in
Europe, supported by 9 further projects in development. I want to thank operator
Equinor, the partnership, suppliers and everyone involved in making Breidablikk
a successful project, adding to our portfolio of completed projects over the
past year. Of the remaining development projects, six projects are more than 50%
complete”.

The Breidablikk development includes subsea facilities for 22 wells from four
templates. Pipelines and cables have been installed between the subsea facility
and the Grane platform, which has been modified to receive the well stream. The
oil from Breidablikk is processed on Grane and sent ashore by pipeline to the
Sture terminal in Øygarden.

The project has had large positive ripple effects in Norway. More than 90
percent of the contract value has gone to suppliers based in Norway.

Facts

· Partnership: Equinor Energy AS 39% (operator), Vår Energi ASA 34.4%, Petoro
22.2%, ConocoPhillips Skandinavia AS 4.4%
· Discovered in 1992, Breidablikk is located in the central part of the North
Sea, ten kilometres northeast of Grane, in 130 metres water depth
· Breidablikk is expected to produce at plateau level in the period 2024 to
2026. Plateau production is estimated at gross 55-60,000 kboepd.

Contact

Investor relations
Ida Marie Fjellheim, VP Investor Relations
+47 90509291
ida.fjellheim@varenergi.no

Media relations
Andreas Wulff, VP Communications
+47 92616759
andreas.wulff@varenergi.no

About Vår Energi

Vår Energi is a leading independent upstream oil and gas company on the
Norwegian continental shelf (NCS). We are committed to deliver a better future
through responsible value driven growth based on over 50 years of NCS
operations, a robust and diversified asset portfolio with ongoing development
projects, and a strong exploration track record. Our ambition is to be the
safest operator on the NCS, the partner of choice, an ESG leader with a tangible
plan to reduce emissions from our operations by 50% within 2030.

Vår Energi has around 1000 employees and equity stakes in 39 fields and the
company produced net 209,000 boe per day in the first nine months of 2023. We
have our headquarters outside Stavanger, Norway, with offices in Oslo and
Hammerfest. To learn more, please visit varenergi.no.

Kilde

Johan07 · oktober 20, 2023, 11:53am

bare å holde denne!