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Brage Field & Yme Field Production Update – May 2024

Lime Petroleum AS (“LPA”) wishes to announce that for the full month of May 2024, production at the Brage and Yme Fields combined, net to LPA, was 8,662 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.


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.


For both fields, there were several scheduled and unscheduled shut-ins for well intervention and other maintenance and technical well management activities that were in the ordinary course of operations during the month.


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