Sandnes, Norway, 8 March 2023: Vår Energi ASA (OSE: VAR) today announce that a series of fixed income investor calls will be arranged. An inaugural Euro Benchmark sized RegS senior unsecured bond offering with a 6-year maturity issued off Vår Energi ASA’s EUR 3,000,000,000 EMTN Programme may follow, subject to market conditions.

The net proceeds will be used for refinancing of existing indebtedness and general corporate purposes. 

Contact

Investor relations

Ida Marie Fjellheim, Head of Investor Relations

+47 90509291

ida.fjellheim@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 and a net-zero producer (Scope 1 and 2) by 2030.

Vår Energi has more than 900 employees and equity stakes in 36 fields producing net 220,000 boe per day in 2022. We have our headquarters outside Stavanger, Norway, with offices in Oslo and Hammerfest. To learn more, please visit varenergi.no.