BW Energy Limited: Annual report 2024  

26 Feb 2025 07:30 CET

Annual report 2024

BW Energy today published its annual report for the financial year ended 31
December 2024. BW Energy also published the Board-approved report on payments to
governments and the annual statement of reserves for 2024. Please find the
reports attached.

The reports are also available at: www.bwenergy.no/investors/reports-and-
presentations (https://www.bwenergy.no/investors/reports-and-presentations)

For further information, please contact:

Brice Morlot, CFO BW Energy, +33.7.81.11.41.16

ir@bwenergy.com (mailto:ir@bwenergy.com)

About BW Energy:

BW Energy is a growth E&P company with a differentiated strategy targeting
proven offshore oil and gas reservoirs through low risk phased developments. The
Company has access to existing production facilities to reduce time to first oil
and cashflow with lower investments than traditional offshore developments. The
Company's assets are 73.5% of the producing Dussafu Marine licence offshore
Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in
the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95%
interest in the Kudu field in Namibia, all operated by BW Energy. In addition,
BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy
Africa Ltd. and a 20% non-operating interest in the onshore Petroleum
Exploration License 73 ("PEL 73") in Namibia. Total net 2P+2C reserves and
resources were 599 million barrels of oil equivalent at the start of 2025.


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

More information:
Access the news on Oslo Bors NewsWeb site

639687_BW Energy Annual report 2024.pdf
639687_BW Energy Report on Payments to Governments 2024.pdf
639687_BW Energy Annual Statement of Reserves 2024.pdf
639687_bwenergyltd-2024-12-31-en.zip