BlueNord ASA

BlueNord: Preliminary Production for April 2025

Oslo, 7 May 2025: BlueNord ASA ("BlueNord" or the "Company") has today announced

its preliminary production figures for April 2025. In April 2025, the

preliminary production was 34.5 mboepd net to BlueNord. The base assets, Dan,

Gorm and Halfdan produced 21.7 mboepd, which was in line with expectations, and

12.8 mboepd was produced from the Tyra hub. The preliminary operational

efficiency exceeded 95% for both the Dan and Halfdan hubs.

On 10 April, full technical capacity was restored on Tyra II following the

successful repair of the breaker failure in the electrical high-voltage system

that occurred on 4 March. Since then, the production ramp-up has continued and

on 30 April production reached 23.4 mboepd net to the Company with 88% of Tyra

wells commissioned and c. 60% of Tyra wells on production. The ramp-up is now in

its final stages and gross production of 199.8 mmscfpd of gas and 32.4 mbblpd of

oil was achieved on 5 May, which equates to 26.1 mboepd net to the Company.

BlueNord expects production to continue to increase towards the Company's

estimated plateau gas production level of c. 250mmscfpd.

BlueNord will announce its first quarter 2025 results on 14 May 2025 at 07:00

CEST.

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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