Press Release

Brage Field Production Update – May 2022

Lime Petroleum AS (“LPA”) today announced that oil production in May 2022 from the Brage Field in Norway, net to LPA, amounted to 2,695 barrels of oil equivalent per day (boepd).  An unplanned two-day production stoppage was undertaken in May 2022 to address a technical issue which has since been rectified, following which it took almost a week to ramp up the wells to capacity.

LPA holds a 33.8434 per cent interest in the Brage Field. The operator of the Brage Field is Wintershall Dea Norge AS.