OB:VAROil and Gas
How a New Oil Discovery and Dividend Payout at Vår Energi (OB:VAR) Has Changed Its Investment Story
On 11 November 2025, Vår Energi's extraordinary general meeting approved a third-quarter dividend of NOK 1.211 per share, totaling NOK 3.02 billion (about US$300 million), with payment set for 25 November 2025.
In parallel, Vår Energi confirmed an oil discovery in the Zagato North appraisal well near the Goliat field, with estimated gross recoverable resources of up to 3 million barrels of oil equivalent, indicating potential for future development in the area.
We’ll now explore how this...