OB:VAROil and Gas
A Look At Vår Energi (OB:VAR) Valuation After Goliat Ridge Appraisal Success And Resource Upgrade
Vår Energi (OB:VAR) recently reported successful appraisal results from the Zagato structure on the Goliat Ridge in the Barents Sea, confirming reservoir and oil quality and lifting estimated gross recoverable and prospective volumes to more than 200 million barrels of oil equivalents.
See our latest analysis for Vår Energi.
The appraisal success on Goliat Ridge and the upcoming dividend proposal arrive during a period of firm momentum, with a 1-month share price return of 10.44% and a 3-year...