Key Highlights:
- Strong production from Base Assets expected to continue through 2024, supported by ongoing optimisation campaign and infill well programme
- Tyra volumes expected to ramp-up during Q3 2024, with plateau production expected to be reached in Q4 2024
- Distribution policy will see 50 to 70% of operating cashflow in 2024 to 2026 returned to shareholder
- First distribution to shareholders planned in 2024, with specific timing subject to Tyra operational performance
-
RBL refinancing at advanced stage, expected to close in
May 2024 with at least aUSD 1.3 billion facility size - Addressing BNOR14 the next step in BlueNord's capital structure reset
The presentation is attached here and will also be made available at the Company's website www.bluenord.com
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Contact:
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
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