Vår Energi AS (OTCMKTS:VARRY) Shares Gap Down – What’s Next?

Vår Energi AS (OTCMKTS:VARRYGet Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $9.50, but opened at $8.75. Vår Energi AS shares last traded at $8.75, with a volume of 200 shares.

Vår Energi AS Trading Down 7.9%

The business has a 50-day moving average price of $9.71 and a two-hundred day moving average price of $8.69.

Vår Energi AS Company Profile

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Vår Energi AS is a Norway-based independent oil and gas exploration and production company listed on the OTC Markets (OTCMKTS: VARRY). Established in January 2018 through the merger of Eni Norge AS and Point Resources ASA, Vår Energi has rapidly become one of the largest operators on the Norwegian Continental Shelf. The company focuses on discovering, developing and producing hydrocarbons, with a portfolio that spans several prolific offshore fields.

The company’s operations are concentrated in the North Sea, the Norwegian Sea and the Barents Sea, where it holds interests in both operated and non-operated assets.

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