BlueNord ASA

BlueNord: Preliminary Production for June 2025

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

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.

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