BlueNord: Preliminary Production for December 2024 and Full Year 2024

08 Jan 2025 07:58 CET

Oslo, 8 January 2025: BlueNord ASA ("BlueNord" or the "Company") has today
announced its preliminary production figures for December 2024 and for the full
year of 2024.

In December, the preliminary production was 28.9 mboepd net to BlueNord. The
base assets, Dan, Gorm and Halfdan produced 22.2 mboepd and 6.7 mboepd was
produced from the Tyra hub. The preliminary total production for 2024 was 25.0
mboepd net to BlueNord.

For the base assets, deferral of production due to well optimisation work on
Halfdan impacted production. In addition, production was impacted by operational
issues on Dan and Gorm which have now been resolved.

The Tyra hub was producing stable in the second half of December. By end of the
month, the Tyra satellites Tyra East, Tyra South East, Harald, HEMJ and Valdemar
B were all producing, with an exit rate 31 December 2024 of 15.0 mboepd net to
BlueNord. To date, about half of the Tyra hub wells have been opened and
production will further increase as the remaining satellites are brought on
stream when the weather allows access to the installations.

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 has a 36.8 percent interest in
the Danish Underground Consortium that is responsible for oil and gas production
in the Danish North Sea. 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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