AKERBP: First quarter 2017 production

Aker BP ASA («AKERBP») production was 145.3 thousand barrels of oil equivalents per day («mboepd») in the first quarter 2017. Production per field for Q1 2017 was (previous quarter in brackets):

Alvheim (incl. Boa), 65.00 % and operator 64.4 mboepd (53.7 mboepd)
Bøyla, 65.00 % and operator 4.5 mboepd (6.5 mboepd)
Hod, 37.50 % and operator 0.6 mboepd (0.6 mboepd)
Ivar Aasen, 34.78 % and operator 15.0 mboepd (0.8 mboepd)
Skarv, 23.84% and operator 31.6 mboepd (30.0 mboepd)
Tambar / Tambar East, 55.00 / 46.20 % and operator 2.1 mboepd (2.1 mboepd)
Ula, 80.00 % and operator 6.2 mboepd (5.1 mboepd)
Valhall, 35.95 % and operator 14.8 mboepd (17.5 mboepd)
Vilje, 46.90 % and operator 5.6 mboepd (6.2 mboepd)
Volund, 65.00 % and operator 0.5 mboepd (3.5 mboepd)
Other 0.1 mboepd (0.6 mboepd)
Total  145.3 mboepd (126.5 mboepd)

Volumes are subject to final re-allocation. Numbers may not add due to rounding. 

Contacts:
Investor contact: Jonas Gamre, VP Investor Relations, tel.: + 47 971 18 292
Media contact: Ole-Johan Faret, Press Spokesman, tel.: +47 402 24 217

About Aker BP:
Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf. Aker BP is the operator of Alvheim, Ivar Aasen, Skarv, Valhall, Hod, Ula and Tambar. The company is also a partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange under the ticker ‘AKERBP’. More about Aker BP at www.akerbp.com.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

About Us

Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf (NCS). Measured in production, Aker BP is one of the largest independent oil companies in Europe. Aker BP is listed on Oslo Stock Exchange with ticker 'AKERBP'. More about Aker BP at www.akerbp.com/en/.

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