Oslo, 9 April 2026: BlueNord ASA ("BlueNord" or the "Company") has today announced its preliminary production figures for March 2026. In March 2026, preliminary production was 42.5 mboepd net to the Company.

The Tyra hub delivered 22.8 mboepd in March. Two minor operational issues impacted production during the month: one was caused by technical issues at Gorm during pigging of the pipeline from Tyra to Gorm, and the other was caused by a transmitter fault. Both of these issues were resolved within a few hours followed by ramp-up of production. Further, production at Harald West and HEMJ was temporarily reduced to replace the lube oil cooler. When the output from Tyra stabilised, production was on average approximately 25 mboepd. Walk-to-work vessel operations have been ongoing in March to prepare additional wells to be brought on stream. In Q1 2026, Tyra production was 22.9 mboepd, within the quarterly guidance of 22-24 mboepd.

The base assets (Dan, Gorm and Halfdan) produced 19.8 mboepd in March. Gorm production exceeded expectations, with a preliminary operational efficiency of 98%. Compressor issues on Halfdan and a minor flowline leak on Dan temporarily affected base asset production, but were resolved during the month. Average base asset production for Q1 2026 was 20.1 mboepd, within the guidance range of 20-21 mboepd.

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