Vår Energi delivering growth, value and increased dividends. After strong results in 2024, we face a transformational 2025 with production set to grow above 400 kboepd in Q4.
At the Capital Markets Update, we presented our plan to organically sustain 350-400 kboepd towards 2030 by capturing the value upside in our high-quality assets with a net resource potential of over 3 billion barrels.
We are stepping up the pace, moving >25 early-phase projects forward faster, accelerating infill drilling, increasing exploration activity, while becoming carbon neutral in our operational emissions by the end of this decade.
We are delivering significant value creation through reduced costs, a flexible investments program and incremental improvements.
This provides resilience in a volatile business environment, strong cash flow generation and strengthens our long-term shareholder distribution capacity as reflected in a raised dividend policy to 25 to 30% of CFFO after tax.
