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BlueNord ASA

Earnings Release Nov 10, 2025

3692_rns_2025-11-10_274d0457-8cd1-4d8f-a3c7-6b6a5e95547f.html

Earnings Release

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BlueNord: Preliminary Production for October 2025

BlueNord: Preliminary Production for October 2025

Oslo, 10 November 2025: BlueNord ASA ("BlueNord" or the "Company") has today

announced its preliminary production figures for October 2025. In October 2025,

the preliminary production was 36.5 mboepd net to BlueNord.

In October, the Tyra hub delivered an average production of 16.5 mboepd. As

previously announced, a planned full-field shutdown was successfully executed

from 23 to 26 October, during which the scheduled scope of work and surveys were

completed as per plan. The purpose of the shutdown was to further enhance

reliability and performance at Tyra. Following the restart, production has been

ramping up, and BlueNord expects plateau from Tyra to be reached in Q4 2025.

The base assets Dan, Gorm, and Halfdan produced 20.0 mboepd net to the Company.

This was slightly below expectations due to a flowline leak at the Dan hub,

which resulted in approximately 60% production reduction for Dan over a seven

-day period. The issue was resolved, and full production has resumed. At Gorm,

the previously reported operational challenges have been addressed, and the hub

has been producing in line with expectations throughout October. Halfdan

production remains stable, with operational efficiency exceeding 90%.

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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