Publication of Annual Statement of Reserves and Resources
Oslo, 29 March 2023: Norwegian Energy Company ASA ("BlueNord" or the "Company") has today published its 2022 Annual Statement of Reserves and Resources. As of 31 December 2022, the Company’s net 2P (proven and probable) reserves and near-term 2C (contingent) resources were 220mmboe. The Company's 2P reserves were 182.4mmboe at the end of 2022. This classification includes the Company’s producing Dan, Halfdan and Gorm hubs, the Tyra redevelopment project, the HCA gas lift project, four infill wells and the Valdemar Bo South development. The Company's near-term 2C resources, as