BlueNord Announce First Quarter 2023 Results
Oslo, 10 May 2023: BlueNord ASA ("BlueNord" or the "Company") today published its first quarter 2023 results. The first quarter of the year delivered excellent operational performance and strong cash generative financial results. Highlights: · First quarter net hydrocarbon production of 26.6 mboepd, above quarterly guidance · Strong underlying reservoir performance where natural decline is mitigated by high level of well activities · Revenues of USD 221 million compared to USD 179 million in same quarter in 2022 · EBITDA in Q1 of USD 122 million, versus USD 107 million in