Lime Petroleum AS (“LPA”) wishes to announce that for the full month of February 2024, production at the Brage and Yme Fields combined, net to LPA, was 9,475 barrels of oil equivalent per day (boepd).
Brage Field: LPA holds a 33.8434 per cent interest in the Brage Field. The operator of the Brage Field is OKEA ASA. There were several within-the-day shut-ins that were in the ordinary course of operations during the month, and production has since been brought back to original levels.
Yme Field: LPA holds a 10 per cent interest in the Yme Field. The operator of the Yme Field is Repsol Norge AS. Only oil is sold from the Yme Field as the produced gas is being used for production operations and re-injected into the reservoirs for improved oil recovery.
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