Var Energi ASA (VARRY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Energy, the foundation for development and prosperity. Connecting people, powering industries, driving progress everywhere, every day, making oil and gas essential for decades to come. Roar Energy, a pure play oil and gas company, delivering reliable access to affordable energy to millions of households and businesses across Europe. A safe and responsible partner generating high returns and long-term value for all stakeholders. We explore, develop and produce from a high quality diverse portfolio with production hubs across the attractive Norwegian continental shelf. Known for low cost and emissions, a significant resource base and political stability. Our highly competent people, collaborating with strategic partners, have delivered transformational growth, doubling production in just two years, de-risking the company, while driving operational excellence, strong cost discipline, and leading ESG performance. With an entrepreneurial mindset, we are stepping up the pace, doing more faster. developing a pipeline of highly profitable standardized near-field subsea tieback projects from our significant discovered resource base across the norwegian shelf and exploring for more delivering higher production well beyond 2030 creating more value for longer Good afternoon, everyone. It's a pleasure to welcome you all to Var Energy's 2026 Capital Markets Update and presentation of our fourth quarter 2025 results. It's great to see so many people here in the room and also joining us on the webcast. 2025 has been a transformational year for the company, and today we will present an updated plan. for how we will be delivering higher production and more value for longer, with material cash flow generation and attractive dividends. Our CEO, Nick Walker, will lead the way, followed b...