Neptune Norway's Asset Portfolio Integration
Neptune Norway's assets and operations - a perfect fit
vår energi
Ш
NEPTUNE
ENERGY
Realising our potential
■ 12 producing assets, of which 3 operated, located in Vår Energi's
strategic hub areas
☐
7 operated by Equinor, Vår Energi's largest NCS partner
Growth and value
creation
A leading E&P
independent
on the attractive
NCS
☐
2P reserves of 265 mmboel (end-2022)
Daily production of 67 kboepd in Q1 2023, of which 62% gas
■ Attractive commodity mix and strategic ownership in Snøhvit LNG
-amplifying the position in the Barents Sea
☐
Highly cash generative portfolio with low-cost, limited near-term
capex and low emissions
☐
Team of ~300 highly dedicated oil and gas professionals
Path to ESG leadership
Strong cash flow,
attractive distributions
7
1. Source: Neptune group ASR 2022
Norwegian assets and operations
vår energiView entire presentation