BlueNord:Positive Preliminary Results on HEMJ Well

29 Oct 2024 07:55 CET

Oslo, 29 October 2024: Reference is made to stock exchange notice published on
17 June 2024 by BlueNord ASA ("BlueNord" or the "Company") about the successful
spudding of the Harald East Middle Jurassic ("HEMJ") step-out well in the
Eastern part of the producing field Harald.

The Company is pleased to announce that the well has been successfully drilled
and is expected to be completed for production shortly. The well encountered 48
meters of good quality sand reservoir containing gas condensate. The well is
expected to be brought on stream this year in connection with the Tyra start-up.
The preliminary results from the well are promising and the volume potential
will be further assessed when the well is on production.

"I am very pleased with the preliminary results from the HEMJ well and look
forward to the well being completed and on production," said Miriam Lykke, Chief
Operating Officer in BlueNord.

"Pending further data and final results, the HEMJ well is expected to increase
production from the Harald field in the Danish Underground Consortium (the
'DUC'), extend the life of the Harald hub and contribute to energy security of
supply in Denmark and Europe."



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

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Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Email: cathrine.torgersen@bluenord.com

About BlueNord ASA
BlueNord is a strategically important European oil and gas company that
specialises in producing and developing energy resources, and in activities
which support the energy transition. The Company operates in the Danish North
Sea with a 36.8 percent interest in the Danish Underground Consortium (DUC).
BlueNord is listed on the Oslo Stock Exchange and trades under the ticker
"BNOR". For further information, please visit: www.bluenord.com.

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