BlueNord: Preliminary Production for March 2025

Apr 7, 2025

Oslo, 7 April 2025: BlueNord ASA ("BlueNord" or the "Company") has today announced its preliminary production figures for March 2025. In March, the preliminary production was 25.2 mboepd net to BlueNord. The base assets, Dan, Gorm and Halfdan produced 19.6 mboepd and 5.5 mboepd was produced from the Tyra hub.

The Dan and Halfdan hubs both had very stable production, with operational efficiencies exceeding 90%. On the Gorm hub, minor operational issues, which have now been resolved, resulted in lower than expected production.

Since 4 March 2025, the Tyra hub has been restricted to Harald production due to a breaker failure in the electrical high-voltage system. As announced by BlueNord on 4 April 2025, the necessary replacement parts have successfully been delivered offshore, and installation and testing is ongoing. Full technical capacity from Tyra II is expected to be fully restored this week followed by a continuation of production ramp-up. 

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