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BlueNord ASA

Earnings Release Aug 6, 2025

3692_rns_2025-08-06_8df059d5-23b4-4d2e-9da8-c86616041513.html

Earnings Release

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BlueNord: Preliminary Production for July 2025

BlueNord: Preliminary Production for July 2025

Oslo, 6 August 2025: BlueNord ASA ("BlueNord" or the "Company") has today

announced its preliminary production figures for July 2025. In July 2025 the

preliminary production was 38.9 mboepd net to BlueNord.

The Tyra hub produced 19.5 mboepd net to the Company. During stable production

periods in July, average production from Tyra was approximately 24 mboepd, net

to BlueNord, however reduced uptime resulted in a lower average monthly

production. Following a false activation of the deluge (fire protection) system

on Gorm, the DUC assets experienced a production shutdown which was resolved,

and full production has been resumed. During the month, ramp-up of production

continued, and the Tyra production exit rate per 31 July 2025 was gross c.206

mmscf of gas and 24.2 mbblpd of oil.

The base assets, Dan, Gorm and Halfdan produced 19.3 mboepd net to the Company

and were also impacted by the Gorm production shutdown. In addition, leaks

associated with the compressor on Gorm and the produced water system on Halfdan

were identified. These issues have been repaired, and full production has been

resumed.

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: [email protected]

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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