13. January 2020
Knut comes from the position as Project Director for Johan Castberg in Equinor. He will join OKEA 1st of April.
“We are very pleased to get a capacity like Knut Gjertsen to join the OKEA team” says CEO Erik Haugane in a comment and continues “OKEA has an ambition, both as operator and as partner, to execute cost effective field developments projects on the Norwegian continental shelf and the value of Knut’s competence in this area cannot be overemphasized”.
For further information, please contact:
Erik Haugane, CEO, +47 907 21 655
Ståle Myhre, VP Investor Relations, +47 917 51 878
OKEA ASA is an Exploration and Production (E&P) company and operator on the Norwegian Continental Shelf with production of ~20,000 boe per day. The company aims to grow through low-cost field developments of discoveries with reserves up to 100 million boe and mergers and acquisitions (M&A). The operating organisation is built on the acquisition of the producing field Draugen in 2018.
OKEA ASA is listed on Oslo Stock Exchange under the ticker “OKEA”.
More information on www.okea.no
Draugen continues to be the driving force
Draugen is undoubtedly the most important driving force in OKEA. The field produces approximately 20,000 barrels of oil and gas every day. Even in light of low oil prices and the coronavirus crisis, production is going at full speed.
OKEA ASA – first quarter results 2020
OKEA delivered yet another quarter with no serious incidents nor leaks for its operated asset, Draugen. Strong operational performance combined with high production regularity resulted in a total net production of 19 099 (19 498) boepd in the quarter.