Aker BP

Earnings Release • Apr 7, 2025

Aker BP: First quarter 2025 trading update

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.