OKEA ASA (OSE: OKEA) is pleased to announce that it has entered into an agreement with Harbour Energy Norge AS to farm-in to a 20% working interest (WI) in PL1153, Alpehumle, located north of Gjøa.

OKEA’s position in the greater Gjøa area is strengthened by the farm-in of Alpehumle, located approximately 35 km north of the Gjøa platform. Effective date for the transaction is 1 January 2025. OKEA is already a partner in the Gjøa license with a 12% WI.

Alpehumle is operated by AkerBP and is scheduled for drilling in the first quarter of 2026.

Partners in the PL1153 Alpehumle license include Aker BP ASA (40% WI), INPEX Idemitsu Norge AS (30% WI), Harbour Energy Norge AS (10% WI post-transaction), and OKEA ASA (20% WI post transaction).

The transaction is subject to customary government approval.

About OKEA

OKEA ASA is a leading mid- and late-life operator on the Norwegian continental shelf (NCS). OKEA finds value where others divest and has an ambitious strategy built on growth, value creation and capital discipline.

About Harbour Energy

Since its creation in 2014, Harbour has grown to become one of the world’s largest and most geographically diverse independent oil and gas companies.

Today, Harbour is producing between 455,000 and 475,000 barrels of oil equivalent per day with significant production in Norway, the UK, Germany, Argentina and North Africa. Harbour benefits from competitive operating costs and resilient margins, and a broad set of growth options including near-infrastructure opportunities in Norway, unconventional scalable opportunities in Argentina and conventional offshore projects in Mexico and Indonesia.

With low GHG emissions intensity and a leading CO2 storage position in Europe, Harbour remains committed to producing oil and gas safely and responsibly to help meet the world’s energy needs.
Harbour is headquartered in London with approximately 3,400 employees and direct contract staff across its operations and offices.