BlueNord: Preliminary Production for January 2025

Source: www.gulfoilandgas.com 2/10/2025, Location: Europe

BlueNord ASA ("BlueNord" or the "Company") has announced its preliminary production figures for January 2025. In January, the preliminary production was 29.4 mboepd net to BlueNord. The base assets, Dan, Gorm and Halfdan produced 22.7 mboepd and 6.7 mboepd was produced from the Tyra hub.

The production from the base assets continues to be strong and all three hubs performed in-line with expectations.

After obtaining stable production on the Tyra hub in the second half of December 2024, operational issues resulted in a shutdown of the Tyra facilities from early January. Production resumed on January 16th, and ramp-up continued during the second half of the month. As announced by BlueNord on 28 January 2025, the ramp-up was affected by adverse weather conditions and minor operational occurences resulting in fewer wells open to flow than expected during the month. As per 7 February 2025 Tyra II produced approximately 19 mboepd net to BlueNord and the ramp-up is continuing.

The Company will announce its fourth quarter 2024 results on 12 February 2025.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


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