Aker BP: First quarter 2025 trading update

07 Apr 2025 07:00 CEST

Aker BP (OSE: AKRBP) will publish its report for the first quarter of 2025 on 7
May 2025. Today, the company provides preliminary production and sales figures
for the quarter.

Production and sales
The company's equity production for the quarter averaged 441.4 thousand barrels
of oil equivalent per day (mboepd). Due to overlift, the net volume sold during
the quarter was 457.6 mboepd.

Volume (mboepd) Q1-25 Q4-24 FY 2024
Net production 441.4 449.2 439.0
Overlift/(underlift) 16.1 (10.1) (9.0)
Net volume sold 457.6 439.2 430.0
Of which liquids 394.0 373.5 370.2
Of which natural gas 63.5 65.7 59.8
.
Realised prices (USD/boe) Q1-25 Q4-24 FY 2024
Liquids 75.0 74.1 80.1
Natural gas 85.2 79.0 62.9

Reporting date
The company will release its report for the first quarter of 2025 on 7 May 2025,
at 06:00 CEST. On the same day at 08:30 CEST, the management will present the
results via a webcast, available on www.akerbp.com/en. The presentation will be
followed by an online Q&A session.

Contacts
Carl Christian Bachke, IR Officer, tel.: +47 909 80 848
Martin Seland Simensen, IR Officer, tel.: +47 416 92 087
Kjetil Bakken, Head of IR, tel.: +47 918 89 889

About Aker BP:
Aker BP is a leading exploration and production company focused on oil and gas
operations on the Norwegian continental shelf. The company operates the Alvheim,
Edvard Grieg, Ivar Aasen, Skarv, Ula, and Valhall field centres and is a key
partner in the Johan Sverdrup field. Headquartered in Fornebu, Norway, Aker BP
is listed on the Oslo Børs under the ticker AKRBP. For more information, visit
www.akerbp.com/en.

This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act and requirements under the EU Market
Abuse Regulation.

More information:
Access the news on Oslo Bors NewsWeb site

643102_Release.pdf