M Vest Energy AS: Interim Financial Report Q3

29 Nov 2022 07:00 CET

In the 3rd quarter M Vest Energy had revenues of 172 MNOK from its licenses.
Profit before tax was 53 MNOK, up from -8 MNOK in Q3 2021.

M Vest Energy AS has during the year become a fully integrated E&P company
through the acquisition of working interests in Draugen (7,56%), Brage (4,4424%)
and Ivar Aasen (0,8%). In addition to this the company owns a 5% working
interest in the Polarled gas pipeline.

With high oil and gas prices driven by strong demand and a supply side that
suffer from years of underinvestment, M Vest Energy is well positioned for the
future.


576871_Interim Financial Report 2022 Q3 M Vest Energy AS.pdf

Source

M Vest Energy AS

Provider

Oslo Børs Newspoint

Company Name

M Vest Energy AS 20/30 8 C

ISIN

NO0010907751

Market

Nordic Alternative Bond Market