Trym Reboot Boosts North Sea Output

09 Dec 2024 07:00 CET

Oslo, 9 December 2024 - DNO ASA, the Norwegian oil and gas operator,
today announced that its operated Trym field in the Norwegian North Sea license
PL147 (DNO 50 percent) is back on production after a five-year shutdown during
which TotalEnergies redeveloped the Tyra field infrastructure in the Danish
North Sea to which Trym is tied back.

First commissioned in 2011, Trym is expected to contribute 3,000 barrels of oil
equivalent per day (boepd) net to DNO at plateau. Remaining reserves are
estimated at two million barrels of oil equivalent (MMboe) net to DNO.

Available capacity at the Trym subsea template represents further opportunities.
The Company is currently assessing a development of the 2013 Trym Sør discovery
containing recoverable resources of around two MMboe net to DNO, possibly adding
production from early 2027.

In addition, DNO has identified nearby exploration prospects that may be drilled
from the Trym subsea template, potentially extending its lifetime.

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For further information, please contact:
Media: media@dno.no
Investors: investor.relations@dno.no

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DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North
Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the
Company holds stakes in onshore and offshore licenses at various stages of
exploration, development and production in the Kurdistan region of Iraq, Norway,
the United Kingdom, Côte d'Ivoire, Netherlands and Yemen.

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

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