OKEA acquires a material portfolio of assets from Wintershall Dea
Trondheim, 23 May 2022 - OKEA ASA (“OKEA”) is pleased to announce that it has entered into an agreement with Wintershall Dea Norge AS (“Wintershall Dea”) to acquire a material portfolio of producing and near-term producing assets for an initial aggregate post-tax cash consideration of USD 117.5 million (the “Acquisition”). Highlights · Acquisition of 35.2% operated working interest (“WI”) in the Brage Unit, 6.4615% WI in the Ivar Aasen Unit and 6% WI in the Nova field (the “Assets”) from Wintershall Dea with effective date 1 January 2022. · The initial cash consideration is USD