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OKEA GROUP S.A.S.

OKEA ASA is a leading mid- to late-life operator on the Norwegian continental shelf (NCS) with an updated target production of 18,500 - 20,000 boe per day in 2022 (pre-transaction). OKEA finds value where others divest and has an ambitious strategy built on growth, value creation and capital discipline. OKEA is listed on the Oslo Stock Exchange (OSE:OKEA).
Country/AreaColombia
Company Emailhr@okea.no
IndustryEnergy, Utilities & Waste TreatmentElectricity, Oil & Gas
Company website
Company phone+47 73525222
Established2015
Company Revenue$16,168,000
Number of employees107
SIC Code13131
NAICS Code21211
http://www.linkedin.com/company/okea-ashttp://www.facebook.com/okeacompany

Company News

OKEA ASA - Third quarter 2023 financial results
(Trondheim, 26 October 2023) - OKEA ASA (OSE: OKEA) delivered operating income of NOK 2,105 (1,707) million and EBITDA of NOK 1,336 (1,167) million in the third quarter of 2023. Net profit after tax amounted to NOK 32 (69) million. (Amounts in parentheses refer to previous quarter) “Production performance in the quarter was good, particularly on our operated assets. In combination with increased liquids prices, this resulted in solid total operating income and EBITDA. However, the reduction
dateOct 26, 2023
Key information relating to the cash dividend to be paid for OKEA ASA
(Trondheim, 26 October 2023) - OKEA ASA (OSE: OKEA) Dividend amount: NOK 1.00 per share Announced currency: NOK Last day including right: 30 November 2023 Ex-date: 1 December 2023 Record date: 4 December 2023 Payment date: 15 December 2023 (on or about) Date of approval: 25 October 2023 For further information, please contact: VP IR & Communication, Anca Jalba, + 47 410 87 988. This information is subject to the disclosure requirements pursuant to Oslo
dateOct 26, 2023
OKEA ASA – NOK 1.00 dividend payment payable on or about 15 December
(Trondheim, 26 October 2023) - OKEA ASA (OSE: OKEA): On 11 May 2023 the annual general meeting of OKEA granted the board of directors an authorisation to approve distribution of dividends based on the company's annual accounts for 2022. The board of directors has now approved a cash dividend of NOK 1.00 per share which will be paid in December. Dividend payment in Q4 2023 The board has resolved to distribute a cash dividend payment
dateOct 26, 2023
OKEA webcast Q3 2023
OKEA ASA will release its third quarter 2023 results tomorrow Thursday 26 October 2023 at 06:00 CET. A presentation of the results will be held the same day through a webcast and audioconference starting 10:00 CET. The presentation will be held by Svein J. Liknes (CEO) and Birte Norheim (CFO). The webcast can be followed at www.okea.no (https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.okea.no%2F&data=05%7C01%7Cmaria.rosado%40okea.no%7C37f1b46849a440fa12cc08dab6637175%7Cf4d0f3
dateOct 25, 2023
OKEA third quarter 2023 trading update
(Trondheim, 19 October 2023) OKEA ASA (OSE: OKEA) will publish its financial report for the third quarter of 2023 on Thursday 26 October at 06:00 (CET). This trading update is provided to summarise production and sales volumes and related topics and updates for the quarter. (Amounts in parentheses refer to previous quarter) Third quarter 2023 production and sales Unit Q3 2023 Q2 2023 Total operating income MNOK 2,105 1,707 Realised liquids price USD/boe* 89.0 70.1
dateOct 19, 2023

Web Summary

Q1: What is the address of OKEA GROUP S.A.S.?
A1: The address of OKEA GROUP S.A.S. is Kongens gate 8, 7011 Trondheim, Norway.

Q2: What products or services does OKEA GROUP S.A.S. offer?
A2: Although the provided text does not explicitly mention the specific products offered by OKEA GROUP S.A.S., it can be inferred that the company operates in the oil and gas industry, as indicated by its involvement in exploration-focused licences and production hubs.

Q3: In which industry is OKEA GROUP S.A.S. operating?
A3: OKEA GROUP S.A.S. is operating in the oil and gas industry, specifically in the exploration and production of hydrocarbons on the Norwegian continental shelf.

Q4: What are some of the services offered by OKEA GROUP S.A.S.?
A4: Based on the provided text, it can be inferred that OKEA GROUP S.A.S. offers services related to oil and gas exploration, such as acquiring interests in new production licences, operating existing infrastructure, and providing management expertise.

Q5: What is the contact information for OKEA GROUP S.A.S.?
A5: The contact information provided includes a phone number (+47 73 52 52 22) and an email address (not publicly available due to JavaScript restrictions). Additionally, the company's organizational number (Orgnr) is listed as NO 915 419 062.

Q6: Who are some of the key management team members at OKEA GROUP S.A.S.?
A6: The provided text mentions several key management team members, including Svein J. Liknes (CEO), Birte Norheim (CFO), Børge Nerland (SVP Drilling & Wells), Knut Gjertsen (SVP Projects and Technology), Ida Ianssen Lundh (SVP Subsurface), Espen Myhra (SVP Strategy, Business Development & Commercial), Tor Bjerkestrand (SVP Operations), and Kjersti Hovdal (SVP Business Performance).

Q7: What is the significance of the APA 2024 awards for OKEA GROUP S.A.S.?
A7: The APA 2024 awards demonstrate OKEA GROUP S.A.S.'s ambition to build a robust portfolio of exploration-focused licences and strengthen its position close to existing hubs, as stated by Ida Lundh, SVP Subsurface.

Q8: How many new production licences were awarded to OKEA GROUP S.A.S. in APA 2024?
A8: Eight new production licences were awarded to OKEA GROUP S.A.S. in APA 2024, further strengthening the company's portfolio of near-field exploration opportunities around the Draugen, Gjøa, Brage, and Ivar Aasen production hubs.
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