Equities

OKEA

NO0010816895

Oil & Gas Exploration and Production

Real-time Oslo Bors Other stock markets 07:23:33 16/07/2024 pm IST			5-day change	1st Jan Change
22.62 ^NOK	-0.79%		-5.04%	-14.96%

10/07	OKEA ASA Reports Production Results for the Second Quarter of 2024	CI
08/05	Norway oil workers agree to wage deal, averting strike	RE

OKEA ASA Reports Production Results for the Second Quarter of 2024

July 10, 2024 at 11:30 am IST

OKEA ASA reported production results for the second quarter of 2024. For the quarter, the company reported net production of 38,357 Boepd, Net production - liquids of 29,160 Boepd and Net production - gas of 9,197 Boepd.

Latest news about OKEA ASA

OKEA ASA Reports Production Results for the Second Quarter of 2024	10/07	CI
Norway oil workers agree to wage deal, averting strike	08/05	RE
SLB: EPCI contract for Bestla project in the North Sea	07/05	CF
Okea Issues $125 Million Bond for Bestla Field Development	30/04	MT
OKEA ASA Successfully Placed A New USD 125 Million Senior Secured Bond Issue with a Tenor of 4 Years	30/04	CI
Norway's OKEA submits $570 mln Bestla oil and gas plan	30/04	RE
NORWAY'S OKEA SUBMITS NOK 6.3 BLN PLAN TO DEVELOP BESTLA OIL AND…	30/04	RE
Transcript : OKEA ASA, Q1 2024 Earnings Call, Apr 25, 2024	25/04
OKEA ASA Reports Earnings Results for the First Quarter Ended March 31, 2024	25/04	CI
Correction: DNO Commits to Develop Brasse Oil Project in Norway	08/04	MT
DNO Commits to Develop Brasse Oil Project in Norway	08/04	MT
Transcript : OKEA ASA, Q4 2023 Earnings Call, Feb 08, 2024	08/02
OKEA ASA Reports Earnings Results for the Full Year Ended December 31, 2023	08/02	CI
OKEA ASA Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	08/02	CI
OKEA ASA Provides Production Guidance for the Year 2024	08/02	CI
OKEA ASA Reports Production Results for the Fourth Quarter of 2023	08/02	CI
OKEA ASA Reports Impairment Charges for the Fourth Quarter of 2023	08/02	CI
Okea Secures Three Exploration Licenses on Norwegian Continental Shelf	16/01	MT
Rex International Unit Acquires Minority Stake in Norwegian North Sea License	02/01	MT
Okea Completes Purchase of Interest in Norwegian Oil Field from Equinor	29/12	MT
OKEA ASA (OB:OKEA) acquired 28% working interest in PL037 (Statfjord Area) from Equinor Energy AS.	29/12	CI
Norwegian November gas output beats forecasts while oil lags	20/12	RE
Norway oil and gas investments set to soar in 2024, industry says	13/12	RE
Global markets live: Meta, Tesla, BP Plc, Pfizer, General Motors...	01/12
Okea Postpones $220 Million Acquisition of Equinor's North Sea License	01/12	MT

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Company Profile

Okea ASA is a Norway-based mid-to-late-life operator on the Norwegian continental shelf (NCS). The Company has an asset portfolio including the Draugen field, which is operated by OKEA, as well as non-operated positions. Furthermore, OKEA has activities in projects under development, including the Hasselmus gas discovery and Draugen power from shore, as well as discoveries being evaluated for development and exploration licences with planned and possible wells. As an operator on the NCS, OKEA carries out various activities related to production of hydrocarbons from existing assets, as well as development of new oil and gas fields. These activities take place at multiple locations both offshore and onshore.

Sector

Oil & Gas Exploration and Production

Calendar

17/07/2024 - Q2 2024 Earnings Release

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Ratings for OKEA ASA

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

22.8 NOK

Average target price

35.6 NOK

Spread / Average Target

+56.14%

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Sector Oil Exploration & Production - Offshore

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Oil Exploration & Production - Offshore