Aker BP - Earnings Release 2024 | FinancialReports.eu

Aker BP: Third quarter 2024 trading update

Aker BP (OSE: AKRBP) will publish its report for the third quarter of 2024 on

Wednesday, 30 October 2024. Today, the company provides preliminary production

and sales figures for the quarter.

Production and sales

The company's equity production for the quarter averaged 414.7 thousand barrels

of oil equivalent per day (mboepd). This represents a decrease compared to the

previous quarter, primarily due to planned maintenance activities at several

fields, which were executed as scheduled. The net volume sold was 391.3 mboepd,

due to an underlift in the quarter.

Volume (mboepd) Q3-24 Q2-24

Net production 414.7 444.1

Overlift/(underlift) (23.4) 16.7

Net volume sold 391.3 460.9

Of which liquids 345.0 398.2

Of which natural gas 46.4 62.7

Realised prices (USD/boe) Q3-24 Q2-24

Liquids 80.3 83.1

Natural gas 63.5 57.2

Reporting date

The company will release its full report for the third quarter of 2024 on

Wednesday, 30 October 2024, at 06:00 CET. On the same day, at 08:30 CET, the

management will present the results via a webcast, which will be available on

www.akerbp.com/en. The presentation will be followed by an online Q&A session.

Contact:

Kjetil Bakken, Head of IR, tel.: +47 918 89 889

Carl Christian Bachke, IR Officer, tel.: +47 909 80 848

Martin Seland Simensen, IR Officer, tel.: +47 416 92 087

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.

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