OKEA ASA - Company update
OKEA's CEO, Erik Haugane, will present the company's current status and growth
strategy at the 27[th] Pareto Energy Conference today.
"We have an optimistic outlook and are increasing our activity level. We foresee
a sound organic growth in our production exceeding 25 000 boe/d by 2025 within
our existing portfolio and target to deliver this growth without the need to
raise further equity. We also maintain our opportunistic view on M&A" says CEO
Erik Haugane.
The presentation is attached.
For further info please contact:
CEO, Erik Haugane, +47 907 21 655
CFO, Birte Norheim, +47 952 93 321
VP IR, Ståle Myhre, +47 917 51 878
About OKEA
OKEA ASA is an independent Exploration and Production (E&P) company and operator
on the NCS with a current production of ~20 000 boe/d. OKEA targets profitable
production growth within the current portfolio combined with an opportunistic
approach to M&A.
OKEA ASA is listed on the Oslo Stock Exchange under the ticker "OKEA". More
information on www.okea.no