Hunter Group ASA - Interim CEO steps down

The board of directors has received a notice from Vegard Urnes that he will resign from his position as interim CEO.

Vegard Urnes will fulfil his obligations as interim CEO during the termination period mutually agreed with the Board of Directors.

"Vegard has been with the company from inception and has been a driving force in setting up the company and leading it through challenging times. I appreciate the quality and effort he has demonstrated. On behalf of the Company, I want to express my thanks to Vegard for his efforts and wish him success in his future endeavours," says John Vemmestad, Chairman of the Board.


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The Badger Explorer is a technology for exploring and mapping hydrocarbon resources. The tool is equipped with logging sensors and communication solutions. The tool drills into and buries itself in the underground. It operates at a lower risk, lower costs and less complexity than a drilling rig.