Statfjord transaction update
(Trondheim, 30 November 2023): OKEA ASA (OSE: OKEA) Reference is made to the stock exchange announcement on 20 March 2023, where OKEA ASA (“OKEA” or the “Company”) announced that it had entered into an agreement (the “SPA”) with Equinor Energy AS (“Equinor”) to acquire 28% working interest in PL037 (Statfjord Area) with effective date 1 January 2023 for an initial fixed consideration of USD 220 million (the “Acquisition”). Completion of the Acquisition was contemplated to take place on 30 November 2023. OKEA has notified Equinor that completion will be postponed. In connection with