BlueNord: Preliminary Production for May 2025

10 Jun 2025 07:54 CEST

Oslo, 10 June 2025: BlueNord ASA ("BlueNord" or the "Company") has today
announced its preliminary production figures for May 2025. In May 2025 the
preliminary production was 37.9 mboepd net to BlueNord.


The base assets, Dan, Gorm and Halfdan produced 19.7 mboepd. The Base assets
performed as expected, with lower production than in previous months due to
planned work on the Dan and Halfdan NE fields. On Dan, Pressure Vessel
Inspection is ongoing and expected to be completed by mid-June. On Halfdan NE,
part of the production has been closed in connection to installation of gas lift
on the HCA platform. Halfdan NE is back in full production, and after final
installation work, the HCA Gas Lift is expected to be operational from early
July.

The Tyra hub produced 18.2 mboepd net to the Company. The average production in
May is the highest to-date monthly production achieved on Tyra and constitutes
48% of the total DUC production. By the end of May 2025 ca. 91% of Tyra wells
were commissioned and ca. 62% of the Tyra wells were producing. On 3 June, gross
production of 193.8 mmscfpd and of 34.7 mboepd of oil was achieved, which
equates to 26.5 mboepd net to BlueNord.

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

***

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 (DUC) 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.

More information:
Access the news on Oslo Bors NewsWeb site