OKEA ASA - Second quarter 2023 financial results
(Trondheim, 13 July 2023) - OKEA ASA (OSE: OKEA) delivered net cash flow from operations of NOK 1,401 (1,318) million, operating income of NOK 1,707 (2,954) million and EBITDA of NOK 1,167 (1,592) million in the second quarter of 2023. Net profit after tax amounted to NOK 69 (226) million.(Amounts in parentheses refer to previous quarter) “Production performance was good and OKEA generates a solid cash contribution again this quarter. The Hasselmus project and drilling activities at Brage, Nova and Draugen are all progressing according to plan. Production from the Talisker East well