• Vår Energi posted net production averaging 406 kboepd in Q1 2026, up 2% from Q4 2025.
• Output climbed 51% from Q1 2025, with mix at 70% oil and NGLs, 30% gas.
• Volumes sold totaled 34.6 mmboe versus 36.5 mmboe produced, reflecting underlift from timing of crude liftings.
• Average realized price was USD 77 per boe, with realized crude at USD 80 per barrel.
• Stronger NOK drove a net exchange-rate gain of USD 210 million, with Q1 free cash flow hit by NOK 6.2 billion cash tax payments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Var Energi AS published the original content used to generate this news brief via Cision (Ref. ID: 202604130100BITN____UKPR__EN_20260412-BIT-7508-0) on April 13, 2026, and is solely responsible for the information contained therein.