Vår Energi AS (OTCMKTS:VARRY) Shares Gap Down – Here’s What Happened

Vår Energi AS (OTCMKTS:VARRYGet Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $11.50, but opened at $10.80. Vår Energi AS shares last traded at $10.80, with a volume of 500 shares traded.

Vår Energi AS Stock Performance

The stock’s 50 day moving average price is $10.26 and its two-hundred day moving average price is $9.80.

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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