Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Aker BP ASA ( (GB:0M5J) ) just unveiled an update.
Aker BP has completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery estimated at 96-134 million barrels of oil equivalent. This discovery is one of the largest in Norway in a decade and is a crucial step towards Aker BP’s goal of producing over one billion barrels from the Yggdrasil area. The campaign, which included drilling the longest well branches on the Norwegian continental shelf, has reduced subsurface uncertainty and will help advance development plans. The Omega Alfa discovery strengthens Aker BP’s position in the industry and supports its ambitious growth targets.
The most recent analyst rating on (GB:0M5J) stock is a Sell with a NOK240.00 price target. To see the full list of analyst forecasts on Aker BP ASA stock, see the GB:0M5J Stock Forecast page.
More about Aker BP ASA
Aker BP is a leading exploration and production company focused on oil and gas operations on the Norwegian continental shelf. The company operates several field centers, including Alvheim, Edvard Grieg, Ivar Aasen, Skarv, Ula, and Valhall, and is a key partner in the Johan Sverdrup field. Headquartered in Fornebu, Norway, Aker BP is listed on the Oslo Børs under the ticker AKRBP.
Average Trading Volume: 1,099,448
Current Market Cap: NOK152.8B
For detailed information about 0M5J stock, go to TipRanks’ Stock Analysis page.