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BlueNord: 2024 Annual Statement of Reserves with 189% Reserves Replacement Ratio
Additionally, strong underlying performance led to upward technical revisions of forecasts for future production from the Company's base assets. This was supported by continued efforts to maintain high operational efficiency (91% in 2024) and maximize production potential through well optimization (WROM), workovers, and restimulation activities. Finally, maturation of the Valdemar Upper Cretaceous infill well (VUC) added reserves to the portfolio.
said Miriam Lykke , Chief Operating Officer in BlueNord.
The Reserves Report is attached and will be made available on the Company's website www.bluenord.com .
This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Cathrine Torgersen , Chief Corporate Affairs Officer
Email: cathrine.torgersen@bluenord.com
Phone: +47 915 28 501
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