News / 21.06.2019

Haavind assists Seacrest with OKEA IPO on Oslo Stock Exchange

Author(s) Tormod Fjellgård

Haavind has acted as advisor to Seacrest Capital in connection with the Initial Public Offering of OKEA ASA on Oslo Børs.

OKEA is a fast-growing oil and gas producer operating on the Norwegian Continental Shelf (NCS), established in June 2015 and founded with capital contributions from the active E&P manager Seacrest Capital Group, and the four founding members of management. The shares in the IPO were priced at NOK 21 per share. The price implies a market capitalization of OKEA of approximately NOK 2,139 million.

Heading the team at Haavind were Partner Cornelius Sogn Ness and Partner Bård Sandstad.