Announcement • Jun 05
Bluenord ASA Reiterates Production Guidance for the Second Quarter 2026 BlueNord ASA reiterated production guidance for the second quarter 2026. For the second quarter, The company expects production of 18-20 mboepd for the base assets and 21-26 mboepd for the Tyra hub. Announcement • May 22
Bluenord ASA Approves Dividend for the First Quarter of 2026 On 20 May 2026, BlueNord ASA board resolved to distribute the aforementioned dividend of NOK 36.17 per share in the Company with ex-date 22 May 2026. The dividend distribution is treated by the Company as a repayment of paid-in capital for Norwegian tax purposes. Board Change • May 21
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 7 non-independent directors. Director Jann Brown was the last director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Announcement • Mar 23
Bluenord Asa Approves Dividend BlueNord ASA announced that its shareholders approved all agenda items at the extraordinary general meeting held on March 23, 2026. Following the approval, the company will pay a cash dividend of NOK 42.84 per share to shareholders of record as of March 23, 2026, with registration date on March 25, 2026. Announcement • Feb 24
BlueNord ASA Proposes Dividend for the Fourth Quarter of 2025, Payable on or About 27 March 2026 BlueNord ASA announced that at the EGM to be held on 23 March 2026, Subject to approval by the EGM, the Company shall pay a dividend of NOK 42.84 per share to shareholders as of 23 March 2026 (as registered in Euronext Securities Oslo (VPS) on 25 March 2026). Consequently, BlueNord's shares will be traded ex-dividend as of 24 March 2026. Payment date for the dividend will be on or about 27 March 2026. Announcement • Jan 03
BlueNord ASA, Annual General Meeting, May 19, 2026 BlueNord ASA, Annual General Meeting, May 19, 2026. Announcement • Nov 20
Bluenord Asa Approves Dividend BlueNord ASA announced at the EGM held on November 20, 2025, approved dividend of NOK 34.75 per share to shareholders as of 20 November 2025 (as registered in Euronext Securities Oslo (VPS) on 24 November 2025). Announcement • Oct 29
BlueNord ASA Proposes Cash Dividend the Third Quarter of 2025, Payable on or About 27 November 2025 BlueNord ASA announced that at the EGM to be held on 20 November 2025, Subject to approval by the EGM, the Company will pay a dividend of NOK 34.75 per share the third quarter of 2025, to shareholders as of 20 November 2025 (as registered in Euronext Securities Oslo (VPS) on 24 November 2025). Consequently, BlueNord's shares will be traded ex-dividend as of 21 November 2025. Payment date for the dividend will be on or about 27 November 2025, subject to registration and announcement of the above mentioned interim balance sheet in the Norwegian Register of Company Accounts. The dividend distribution is treated by the Company as repayment of paid in capital for Norwegian tax purposes. Announcement • Jul 19
BlueNord ASA Approves Dividend, Payable on 6 August 2025 BlueNord ASA resolved to declare a cash dividend payment of USD 49 million, to shareholders registered in the Company's shareholder register on 29 July 2025 (record date). Payment date is 6 August 2025. Announcement • Jul 10
Bluenord Asa Proposes Cash Dividend for the Second Quarter of 2025 BlueNord ASA Proposed cash dividend of USD 49 million for second quarter of 2025, bringing the total distributions to USD 302 million. Announcement • Jun 19
BlueNord ASA Declares Dividend, Payable on July 4, 2025 BlueNord ASA announced Pursuant to the authorization to the board of directors to pay dividends granted by the annual general meeting of the Company on 22 May 2025, the board of directors has June 14, 2025 resolved to declare a cash dividend payment of USD 203 million, NOK 76.05 per share, to shareholders registered in the Company's shareholder register on 25 June 2025 (record date). Consequently, BlueNord's shares will be traded ex-dividend as of 24 June 2025. Payment date is 4 July 2025. For Norwegian tax purposes, the dividend is considered repayment of paid-in capital. Announcement • Jun 11
BlueNord ASA Proposes Cash Distribution BlueNord ASA announced that With the Tyra Completion Test met, the Company expects to shortly declare the USD 253 million cash distribution, expected to be paid as a return of paid-in capital. Announcement • Apr 10
BlueNord ASA Announces Update on Tyra Redevelopment Project BlueNord ASA announced that Tyra II has now been successfully restarted and that full technical capacity has been achieved on the facilities. The continuation of ramp-up of production is currently ongoing. Announcement • Apr 05
BlueNord ASA Update on Tyra Redevelopment Project BlueNord ASA announced that the necessary replacement parts have successfully been delivered offshore, and installation and testing is ongoing. Full technical capacity from Tyra II is expected to be fully restored next week followed by a continuation of production ramp-up. Announcement • Mar 13
BlueNord ASA, Annual General Meeting, May 22, 2025 BlueNord ASA, Annual General Meeting, May 22, 2025. Announcement • Feb 28
BlueNord ASA Provides Update on Tyra Redevelopment Project and Tyra Completion Test BlueNord ASA announced that on 27 February, the Tyra Redevelopment Project ("Tyra II") achieved a gas export rate above 200 mmscfpd. Including associated liquids production, this corresponds to approximately 23 mboepd net to the Company. This gas export rate exceeds the threshold of 191 mmscfpd required by the RBL completion test for Tyra (the "Tyra Completion Test"). To satisfy the Tyra Completion Test, gas export must exceed 191 mmscfpd on average over a rolling 30-day period. Upon meeting the Tyra Com completion Test, BlueNord will reach an important milestone and be able to commence distributions to its shareholders. Based on current performance and the continued progress of the ramp-up phase, the Company anticipates meeting this 30-day average requirement of 191 mmscfpd in mid-March. Announcement • Feb 13
BlueNord ASA Proposes Inaugural Shareholder Distribution for 2024 BlueNord ASA proposed inaugural shareholder distribution of USD 215 million for 2024 to be made once the RBL Completion Test for Tyra is met. Announcement • Jan 12
BlueNord ASA Provides Update on Tyra Redevelopment Project BlueNord ASA announced that the Company gave an update on the Tyra Redevelopment Project (Tyra II) and expected plateau production to be reached in the second half of January 2025. The operator of the Danish Underground Consortium (DUC), TotalEnergies, is undertaking work to replace a seal on a gas compressor and Tyra II is therefore not currently running at full technical capacity, however once the work is completed the operator expects full technical capacity on the facilities. The operator has revised the time they expect to reach plateau production from 21 January 2025 to 31 January 2025, in line with BlueNord's previous communications. Announcement • Dec 19
BlueNord ASA Updates on Tyra Redevelopment Project BlueNord ASA issued an update on the progress of the Tyra Redevelopment Project ("Tyra II"). The ramp-up of Tyra II is underway, with gas production successfully re-established from three of the six fields. However, operational challenges and adverse offshore weather conditions have impacted progress and limited weather windows have delayed the reactivation of the Tyra satellite wells. The Company has been informed by TotalEnergies, the operator of the DUC, that based on current weather forecasts the timeline for reactivating all satellite wells required to achieve plateau production has been extended by approximately three weeks. As a result, plateau production is now expected to be reached in the second half of January. Announcement • Nov 01
BlueNord ASA Provides Update on Tyra Redevelopment Project BlueNord ASA announced that the company expected maximum technical capacity from the Tyra II facilities between 15 to 30 November 2024, followed by production ramp-up to plateau level. Announcement • Oct 29
BlueNord ASA Announces Positive Preliminary Results on HEMJ Well Reference is made to stock exchange notice published on 17 June 2024 by BlueNord ASA about the successful spudding of the Harald East Middle Jurassic ("HEMJ") step-out well in the Eastern part of the producing field Harald. The Company announced that the well has been successfully drilled and is expected to be completed for production shortly. The well encountered 48 meters of good quality sand reservoir containing gas condensate. The well is expected to be brought on stream this year in connection with the Tyra start-up. The preliminary results from the well are promising and the volume potential will be further assessed when the well is on production. Announcement • Oct 18
BlueNord ASA Provides an Update on Tyra Redevelopment Project BlueNord ASA provided an update regarding Tyra II ("Tyra") based on information received by the operator TotalEnergies. The planned repair of the second transformer has been progressing ahead of schedule and is ready for transportation offshore to Tyra where it will be lifted back on to the processing facility followed by installation. Announcement • Oct 01
BlueNord ASA Updates Production Guidance for the Fourth Quarter of 2024 BlueNord ASA updated production guidance for the fourth quarter of 2024. For the quarter, the company 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 fourth quarter of 2024, and with an expected December 2024 exit rate from Tyra of ca 30.0 mboepd net to the Company. Announcement • Aug 30
Bluenord Asa Updates Production Guidance for the Third Quarter of 2024 and Full Year of 2024 BlueNord ASA updated production guidance for the third quarter of 2024. For the quarter, the company expects base production of 23.0 - 25.0.
For the fourth quarter, the company expects base production of 23.0 - 25.0 . Announcement • Aug 06
Bluenord ASA Reiterates Production Guidance for the Third Quarter of 2024 BlueNord ASA reiterated production guidance for the third quarter of 2024. The company reiterates its production guidance of 29.0 mboepd - 36.0 mboepd. Announcement • Jun 18
Bluenord Announces Successful Spudding of Harald East Middle Jurassic Well BlueNord ASA announced that drilling operations on the Harald East Middle Jurassic well has commenced with the well successfully spudded by the jackup rig Shelf Drilling Winner. The HEMJ was spudded in the Harald East area, located close to the Norwegian border and the gas will be exported through the Tyra East facilities. In a success case, the well could deliver production by end of 2024. The expected gain from the well is estimated to up to 8 mmboe net to BlueNord of which approximately 80% is expected to be gas. Announcement • Jun 08
BlueNord ASA Reiterates Production Guidance for the Second Quarter of 2024 BlueNord ASA reiterated production guidance for the second quarter of 2024. The company reiterates its production guidance of 23.0 mboepd - 26.0 mboepd. Announcement • May 15
Bluenord Asa Approves Election of Glen Ole Rødland as Chair of the board BlueNord ASA approved election of Glen Ole Rødland is elected as chair of the board for a period of two years. Following this, the Board consists of: Glen Ole Rødland (chair), Robert J. McGuire (board member), Marianne Lie (board member), Tone Kristin Omsted (board member), Peter Coleman (board member). Announcement • Apr 30
BlueNord Updates on Tyra Redevelopment Project BlueNord ASA related to the operational occurrence with the IP compressor temporarily impacting the commissioning of the new Tyra facilities during the ramp-up and testing period. Continued efforts and investigations are ongoing, however, the export volumes from Tyra II are expected to be impacted for the month of May 2024. Currently, the duration of the testing program and commissioning plan for achieving the technical milestones and driving the ramp-up to 8,1 mcm/d Technical Capacity is expected to be prolonged by at least 1 month. The exact duration is to be determined pending outcome of the investigation. Announcement • Mar 28
BlueNord Updates On Tyra Redevelopment Project: Opening on Valves in Nybro and Export of Gas to the Danish Market BlueNord ASA announced that the Tyra Redevelopment Project (Tyra or Tyra II) continues to progress according to plan with the valves at the Nybro Gas Treatment Plant expected to open and first gas will be exported to the Danish market from Tyra II. Reference is made to the REMIT notification issued by TotalEnergies: Postings (gashub.at). Announcement • Mar 14
BlueNord ASA Provides Update on Tyra Redevelopment Project BlueNord ASA announced that Methanol Loading has commenced on the Tyra Redevelopment Project (\"Tyra\" or \"Tyra II\") with reference made to the REMIT notification issued by TotalEnergies on 12 March 2024. Following the milestone and depending on continued progress, the expected start -up date of Tyra II is in the second half of March, with arrival of gas from Tyra II to Denmark expected between 21 - 31 March 2024. Announcement • Mar 08
BlueNord ASA Reiterates Production Guidance for the First Quarter of 2024 BlueNord ASA reiterated production guidance for the first quarter of 2024. For the quarter, the company expects production of 22.0 mboepd - 23.0 mboepd. Announcement • Feb 28
BlueNord ASA Provides Update on Progress of the Tyra Redevelopment Project BlueNord ASA provide an update on the expected timeline of the Tyra Redevelopment Project (\"Tyra\" or \"Tyra II\") with reference made to the REMIT notification issued by TotalEnergies on 28 February 2024. The Operator confirmed in its REMIT notification on 28 February that the restart of Tyra is progressing according to plan and that the testing program and continuous efforts in achieving the technical milestones associated with the preparation of the restart continue to indicate that the ramp-up from 0mcm/d. Available Capacity to the 8,1mcm/d Technical Capacity is expected to take 4 months from the restart of production of the redeveloped Tyra, including the time required to repressurize and activate the connecting gas infrastructure. The Operator also confirms that first gas is expected in March, with REMIT date maintained as 31 March, however, that the restart could, depending on project progress, be reached earlier in the second half of March. Announcement • Dec 06
BlueNord ASA Reiterates Annual Production Guidance for the Year 2023 BlueNord ASA reiterated annual production guidance for the year 2023. The company reiterated its annual production guidance of 24.5 - 25.0 mboepd and expects the full year production for 2023 to be in the upper range of the guidance. Announcement • Aug 10
BlueNord ASA Reiterates Production Guidance for the Third Quarter 2023 BlueNord ASA reiterated production guidance for the third quarter 2023. For the quarter, the company reiterated the production guidance of 24.0 mboepd to 25.0 mboepd. Announcement • Jul 07
BlueNord ASA Announces Significant Progress on Tyra II Gas Turbine Generators BlueNord ASA announced significant progress of the two gas turbine generators (GTGs) on Tyra II which have now been powered up. Once Tyra II is producing again, the two gas turbine generators will, on a continuous basis and with the highest environmental standards, convert natural gas to mechanical energy, enabling production and export from the Tyra field. In addition, a third GTG will be on stand-by. The powering up of the two gas turbine generators marks a crucial step towards first gas, and the next step for the GTGs to be available for continuous operations is completion of the installation of the sea water lift pumps. The second GTG was powered up a month ahead of schedule, and further safeguards first gas from Tyra II in December 2023. Announcement • Jun 13
BlueNord ASA Announces Successful Spudding of the First Halfdan Tor North East Infill Well BlueNord ASA announced that drilling operations on the HBA-27B well has commenced with first well successfully spudded by the jackup rig Shelf Drilling Winner. This is the first of two infill wells to be drilled during 2023 in the Tor reservoir in the Halfdan North East area. Following the spudding, drilling activities will continue for the next months, and the well is scheduled to be on stream during autumn this year and is expected to have an initial peak production rate of 3 mboe/day net to BlueNord where approximately 75% is gas. Announcement • Jun 09
BlueNord ASA Revises Production Guidance for the Second, Third and Fourth Quarter of 2023 BlueNord ASA revised production guidance for the second, third and fourth quarter of 2023. For the second quarter, the company now expects production guidance of 22.5 mboepd - 23.5 mboepd against previous guidance of 20.0 mboepd - 21.5 mboepd.For the third quarter, the company now expects production guidance of 24.0 mboepd - 25.0 mboepd against previous guidance of 22.5 mboepd - 24.0 mboepd.For the fourth quarter, the company now expects production guidance of 26.0 mboepd - 27.0 mboepd against previous guidance of 24.5 mboepd - 26.0 mboepd. Board Change • Feb 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Jan Lernout was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 23
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Jan Lernout was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: US$0.47 loss per share (vs US$0.12 profit in 3Q 2021) Third quarter 2022 results: US$0.47 loss per share (down from US$0.12 profit in 3Q 2021). Revenue: US$293.5m (up 95% from 3Q 2021). Net loss: US$12.0m (down US$15.0m from profit in 3Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 5.5% decline forecast for the Oil and Gas industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance. Board Change • Oct 25
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Jan Lernout was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Jan Lernout was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 15
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Jan Lernout was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 09
Insider recently bought kr495k worth of stock On the 8th of August, Cathrine Torgersen bought around 2k shares on-market at roughly kr330 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Jul 13
Second quarter 2022 earnings released: US$2.00 loss per share (vs US$0.80 loss in 2Q 2021) Second quarter 2022 results: US$2.00 loss per share (down from US$0.80 loss in 2Q 2021). Revenue: US$264.6m (up 96% from 2Q 2021). Net loss: US$49.3m (loss widened 147% from 2Q 2021). Over the next year, revenue is forecast to grow 40%, compared to a 33% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Board Change • Jul 07
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Jan Lernout was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 29
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Bob McGuire was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 26
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Bob McGuire was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.