Apr 29, 2025 / 08:00AM GMT
Svein Liknes - Okea ASA - Chief Executive Officer
Good morning and welcome to the Okea presentation of the Q1 results for 2025.
My name is Svein Liknes. I'm the CEO of Okea and I'm joined by Birte Norheim, our CFO who will go through the financial section of my operations update. There is a link on our homepage that will take you to the Q&A session, which will commence straight after this presentation. So I hope as many as possible will join us there.
The highlights for the first quarter have been very strong operational performance yet again. We have seen very strong production and also high production efficiency on our operated assets and also on our operated assets. Our production average for the quarter has been 34,200 barrels of oil equivalents per day, which is a slight reduction from the previous quarter and our sold volumes are 39,100, which obviously implies that there is an oval left in the quarter.
In addition to very strong operations performance, we also see improved financial performance on our metrics there both on our revenue and EBITDA during the quarter.
Q1 2025 Okea ASA Earnings Call Transcript
Apr 29, 2025
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