BlueNord Announces Updated Tyra Production Guidance for Q4 2024

Source: www.gulfoilandgas.com 9/30/2024, Location: Europe

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.

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