OKEA ASA fourth quarter results
The fourth quarter marks OKEA’s first year as a production operator on the Norwegian Continental Shelf (NCS). 2019 was a year with strong operational performance and a total net production of 18 663 boepd, high production regularity, safe and efficient completion of the first operated drilling campaign, zero serious safety incidents and tangible results from projects aiming to further realise Draugen’s potential.
OKEA ASA Webcast Q4 2019
Webcast from todays Q4 2019 presentation is available here: https://channel.royalcast.com/webcast/hegnarmedia/20200213_8/
Five licences awarded to OKEA in APA 2019
OKEA ASA has been awarded 5 new licences on the Norwegian Continental Shelf by the Ministry of Petroleum and Energy under the Award in Pre-Defined Areas (APA) for 2019, strengthening the company’s position around the important Draugen and Grevling production and development hubs in the Norwegian Sea and North Sea, respectively.