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2024 half-yearly report

Vår Energi reports half-year results incl. results for Q2, on the 23 July at 10:00.

Webcast

Capital Markets Update

Vår Energi hosted a Capital Markets Update on the 13 March 2024.

CMU web-site


Investor presentation


Our investment proposition

Growth


Production target end-2025:

~400 kboepd

Sustaining towards 2030:

350-400 kboepd

Growth & value creation

Value


High value projects:

USD ~35/boe breakeven

Emission reduction by 2030*:

>50%

Safe & Responsible

Returns


Free cash flow potential 2024-28**

USD 4.5-8 billion

Dividend guidance

20-30% of CFFO (after tax)

Investor presentation

* Scope 1, equity share compared to 2005 baseline.
** Scenario brent 70 USD/boe and 90 USD/boeExcluding net risked exploration resources and net Neptune consideration of USD 1.2 billion.


Latest News & Stock Exchange Announcements

11 July 2024

Correction: Vår Energi ASA second quarter and first half 2024 trading update

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11 July 2024

Vår Energi: Second quarter and first half 2024 trading update

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8 July 2024

Vår Energi welcomes start-up of production from Kristin South

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Subscribe to Vår Energi News & Stock Exchange Announcements

Ringhorne platform on location in the North Sea


Contact

For general questions – please contact ir@varenergi.no.

VP Investor Relations
Ida Marie Fjellheim

+47 905 09 291
ida.fjellheim@varenergi.no

Senior Investor Relations Analyst
Stian Seipæjærvi

+47 909 54 060
stian.salmi.seipaejaervi@varenergi.no

Our measures for sustainable production of energy

Vår Energi is committed to a more sustainable production of energy through minimising our own greenhouse gas emissions. Here are some of our measures to reduce the emissions from our production.

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Glenn Eide i Vår Energi

How we want to work with energy towards the future

Vår Energi is oil and gas. But we are also an energy provider for future generations. This is the foundation for every strategic decision we make.

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Ansatte som sitter rundt et bord og jobber

All eyes on us!

Balder Future is one of the largest projects on the Norwegian Continental Shelf (NCS), and Vår Energi´s key to future growth and production.

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Vår Energi comply with the Oslo Stock Exchange Code of Practice for Investor Relations dated 1 March 2021