Söndag 6 Juli | 04:38:35 Europe / Stockholm
2025-07-04 08:14:12
Oslo, 4 July 2025: BlueNord ASA ("BlueNord" or the "Company") has today
announced its preliminary production figures for June 2025. In June 2025 the
preliminary production was 41.0 mboepd net to BlueNord.

The Base assets, Dan, Gorm and Halfdan produced 21.5 mboepd. The Halfdan hub
maintained stable production with preliminary operational efficiency exceeding
90%. The Dan and Gorm hubs experienced lower operational efficiency due to
planned integrity inspection on Dan and maintenance of the lift gas compressor
on Gorm. Maintenance work on both hubs is due to be completed in early July. In
addition, the HCA gas lift project is progressing as per plan and is expected to
be completed in early July.

The Tyra hub produced 19.5 mboepd net to the Company. Production ramp-up
continues with optimisation of the production facilities in parallel. As system
load increases during the ramp-up phase, production challenges are identified
and resolved as they occur. By end of June, only two wells remain to be
commissioned out of the total of 76 wells. The highest production to date was
achieved on 13 June with gross production of 204.4 mmscfpd gas and 36.0 mboepd
of oil, equating to ca. 28 mboepd net to BlueNord.

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 (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.