Var Energi ASA (OTCPK:VARRY)
$ 5.99 0.19 (3.28%) Market Cap: 7.47 Bil Enterprise Value: 11.62 Bil PE Ratio: 13.36 PB Ratio: 5.85 GF Score: 43/100

Var Energi ASA, Eni SpA, Neptune Energy Group Ltd to Discuss the Acquisition Call Transcript

Jun 23, 2023 / 08:00AM GMT
Release Date Price: $4.8
Operator

Welcome to VÃ¥r Energi's conference call. (Operator Instructions) This call is being recorded.

I'll now hand the call over to Ida. Please begin.

Ida Marie Fjellheim;r Energi AS;Head of IR

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Good morning, everyone. It is our pleasure to welcome you to this webcast in relation to VÃ¥r Energi's acquisition of Neptune Energy's Norwegian oil and gas assets and operations.

I will hand the word over to our CEO, Torger Rod; and CFO, Stefano Pujatti, who will take you through the details of the transaction. After the presentation, we will open up for Q&A.

Over to you, Torger.

Torger Rod;r Energi AS;CEO

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Thanks a lot, Ida, and good morning all and what an exciting morning. Today, I have to say, I'm really happy, and I'm very proud to announce that VÃ¥r Energi will acquire Neptune Energy Norge. This will strengthen our position as a leading E&P independent and is fully aligned with our strategy as presented at our

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