BlueNord: Updated Tyra Production Guidance for Q4 2024

Oslo, 30 September 2024: Reference is made to stock exchange notice published by BlueNord ASA (“BlueNord” or the “Company”) on 30 August 2024 where the Tyra production guidance for Q3 and Q4 2024 was placed under review.
 
The onshore repair of the second transformer is progressing well, and the transformer is expected offshore on the Tyra facilities in Q4 followed by installation and integration according to the plan.
 
Thus, in line with operator’s earlier communicated REMIT (Details (gashub.at)), BlueNord expects production and ramp-up to continue into fourth quarter with maximum technical capacity reached by the end of 2024.
 
With these assumptions, BlueNord expects Tyra production guidance of 4.0 – 6.0 mboepd, net average for Q4 2024, and with an expected December 2024 exit rate from Tyra of ca 30.0 mboepd net to the Company.
 

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
Email: cathrine.torgersen@bluenord.com
 

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.