Vår Energi completes sale of Brage asset
Sandnes, Norway 29 December 2023: The sale of 12,2575 percent interest in the Brage Field from Vår Energi ASA (OSE: VAR) to Petrolia NOCO AS (Petrolia), which was announced on 6 October 2023 has been approved by the authorities and was completed today. Vår Energi CFO, Stefano Pujatti said: “We are one of the fastest growing E&P companies in the world, doubling production by end 2025. Portfolio optimization is part of our strategy for further growth and long-term value creation. We are pleased with the Brage transaction and will continue the process to identify opportunities to reduce