Vår Energi project portfolio and operational update
Sandnes, Norway, 19 September 2023: Vår Energi ASA (OSE: VAR) today provides an update on the project development portfolio following completion of a baseline review of cost and schedule. In addition, the Company narrows the full-year 2023 production guidance range to 210-220 kboepd, while maintaining the end-2025 production target of above 350 kboepd¹. Key highlights · Vår Energi is on track to deliver more than 50% high value production growth on the Norwegian Continental Shelf (NCS) by the end of 2025 supported by 12 projects under development. · 10 out of the 12 projects are