Vår Energi AS (OTCMKTS:VARRY) Shares Gap Up – Time to Buy?

Vår Energi AS (OTCMKTS:VARRY – Get Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $10.75, but opened at $11.10. Vår Energi AS shares last traded at $11.10, with a volume of 210 shares changing hands.

Vår Energi AS Stock Performance

The firm has a 50 day moving average price of $10.34 and a two-hundred day moving average price of $9.84.

About Vår Energi AS

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Vår Energi AS is a Norwegian independent oil and gas company focused on exploration, development and production activities on the Norwegian Continental Shelf. The company produces crude oil, natural gas and natural gas liquids from offshore fields and participates in the development of new petroleum resources.

Vår Energi was established in 2018 through the combination of Eni Norge and Point Resources. Its portfolio includes operated and non-operated interests in fields such as Goliat, Balder, Ringhorne and Johan Castberg, as well as exploration licenses and development projects in the Barents Sea, Norwegian Sea and North Sea.

Headquartered in Stavanger, Norway, the company’s operations are concentrated on the Norwegian Continental Shelf.

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