BlueNord: Preliminary Production for May 2026

05 Jun 2026 07:30 CEST

Oslo, 5 June 2026: BlueNord ASA ("BlueNord" or the "Company") has today
announced its preliminary production figures for May 2026. In May 2026, the
preliminary production was 37.1 mboepd net to the Company. Tyra contributed with
20.6 mboepd, while Dan, Halfdan and Gorm contributed with16.5 mboepd.


At Tyra, average production was 20.6 mboepd net to BlueNord. Temporary
operational issues during the month were quickly resolved. The planned
maintenance shutdown at Harald and Tyra was successfully initiated on 30 May, in
line with the REMIT announcement published on 18 September 2025, with restart
expected on 20 June. The shutdown will address surface system scope on Tyra and
improve the production potential of Harald.


Production from the base assets was 16.5 mboepd, with the annual planned full
field maintenance shutdown at Gorm carried out between 7 and 21 May. After
restart, lift gas system issues reduced production, but repairs were completed
at the end of May and Gorm production is expected to return to normal in early
June. The power cut on Gorm on 14 May affected all the DUC assets. At the Dan
hub, production was lower than the previous month due to an ongoing manifold
replacement. Production from the Halfdan hub was stable in May.

The Company reiterates its previously communicated production guidance for Q2
2026 of 18-20 mboepd for the base assets and 21-26 mboepd for the Tyra hub.



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