Jul 16, 2025 / 08:00AM GMT
Svein Liknes - Okea ASA - Chief Executive Officer
Good morning, and welcome to the OKEA second quarter results presentation for 2025. My name is Svein Liknes, CEO of OKEA. And as usual, I have my CFO with me, Birte Norheim, who will then do the financing afterwards. There is a link on our homepage where you can post questions or also call in for the Q&A session, which will start immediately after this presentation.
The highlights for the quarter is, again, that has been a very strong operational performance throughout the quarter. We've seen high production efficiency, and we've also seen strong production with 31,700 barrels of oil equivalent per day, which is in the high end of the range we have guided for. This is even though we have seen some lower production from Statfjord to delays in drilling of new wells, which has to be drilled to increase the production as it is declining.
We have also seen the strong production performance on Brage, especially and also Draugen and also Gjoa, which is operated by others, but which has also contributed significantly.
The financial
Q2 2025 Okea ASA Earnings Call Transcript
Jul 16, 2025
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