Vår Energi reports third quarter 2023 results
Sandnes, Norway, 24 October 2023: Vår Energi ASA (OSE: VAR) delivers strong financial performance, material dividend distribution and is on plan to deliver high growth and value creation. Strong financial performance · Total income in the quarter was USD 1 621 million, an increase of 13% from the second quarter · Achieved realised price of USD 85 per boe in the quarter with gas price realisation USD 27 per boe above spot market · Cash flow from operations (CFFO) was USD 975 million, an increase from USD 231 million in the previous quarter Attractive and predictable