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Aker BP's Second Quarter 2025 Trading Update

Aker BP, a prominent player in the energy sector, is set to release its comprehensive report for the second quarter of 2025 on July 15, 2025. Ahead of this, the company has shared some preliminary production and sales insights which provide a glimpse into its operational performance in the current quarter.

Key Highlights from the Preliminary Production Figures

According to their recent update, Aker BP’s average equity production for Q2 2025 reached 415.0 thousand barrels of oil equivalent per day (mboepd). This figure marks a decrease compared to the first quarter, where production stood at 441.4 mboepd. Notably, the company reported an underlift for the current quarter, leading to net volumes sold of 413.8 mboepd, down from 457.6 mboepd in Q1.

Breakdown of Production and Sales

Detailed statistics reveal the composition of Aker BP’s production for the second quarter:

• - Net Production: 415.0 mboepd (Q1: 441.4 mboepd)
• - Overlift/(underlift): (1.1 mboepd) (Q1: 16.1 mboepd)
• - Net Volume Sold: 413.8 mboepd (Q1: 457.6 mboepd)
• - Liquids Sales: 356.2 mboepd (Q1: 394.0 mboepd)
• - Natural Gas Sales: 57.7 mboepd (Q1: 63.5 mboepd)

This data illustrates the fluctuations in both production and sales as Aker BP navigates market challenges and operational adjustments.

Price Trends Observed

Additionally, the realized prices for key products provided insight into the market conditions during this period:

• - Liquids: $66.9 per boe (Q1: $75.0 per boe)
• - Natural Gas: $68.7 per boe (Q1: $85.2 per boe)

These figures indicate a decline in prices for both liquids and natural gas, reflecting broader market trends that impact profitability and revenue generation.

Upcoming Reporting Schedule

As mentioned, Aker BP’s full second quarter report will be released at 0600 CEST on July 15, 2025. Following this, company management will host a presentation to discuss the results at 0830 CEST, which will be accessible via a webcast on their official website, www.akerbp.com/en. This session will be followed by a live Q&A segment, allowing stakeholders and interested parties to engage directly with the management.

Conclusion

With the energy landscape continuously evolving, Aker BP’s preliminary figures offer a foundational understanding of their ongoing performance challenges in Q2 2025. As the company gears up for the detailed report later this month, investors and analysts alike will be keenly observing the outcomes to measure Aker BP's resilience amidst fluctuating market conditions.

For further inquiries related to the upcoming report, interested parties can reach out to:

• - Carl Christian Bachke, IR Officer, tel. +47 909 80 848
• - Kjetil Bakken, Head of IR, tel. +47 918 89 889

This forthcoming report is expected to provide crucial insights into Aker BP’s strategic direction and operational efficiency for the coming quarters.