Vår Energi: First quarter 2023 production update
Sandnes, Norway, 14 April 2023: Vår Energi ASA (OSE: VAR, the "Company") will publish its financial report for the first quarter 2023 on Monday 24 April. Today, the Company provides an update on production and sales volumes and other relevant items. Vår Energi’s net production of oil, liquids and natural gas averaged 214 kboepd in the first quarter of 2023, stable from fourth quarter of 2022 and a decrease of 11% compared to the first quarter of 2022. The production split in the first quarter was stable from the previous quarter with 62% oil and NGLs (liquids) and 38% gas. During the