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Norway & Germany Production Update – October 2025

Updated: Nov 19

Lime Petroleum Holding AS (“LPH”) wishes to share that production in October 2025 from Norway and Germany totalled 7,999 boepd.

 

Reference is made to the press release dated 12 November 2025 by LPH’s subsidiary, Lime Petroleum AS, which announced the following:

 

“Lime Petroleum AS (“LPA”) wishes to announce that for the full month of October 2025, production at the Brage and Yme Fields combined, net to LPA, was 7,943 barrels of oil equivalent per day (boepd).

 

Brage Field: LPA holds a 33.8434 per cent interest in the Brage Field. The operator is OKEA ASA.

 

Yme Field: LPA holds a 25 per cent interest in the Yme Field. The operator 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.

 

There were scheduled and unscheduled shut-ins at both fields that were in the ordinary course of operations during the month. Production at the Brage Field experienced more downtime than in previous months, on top of the planned and unplanned field shutdowns, such as start-up problems and temporary shut-in of a key producer during the drilling of a nearby well.

 

Drilling at Brage and Bestla, which will be tied back to Brage, as previously announced, are continuing.”

Reference is also made to the press release dated 12 November 2025 by LPH’s subsidiary, Lime Resources Germany GmbH, which announced the following:

 

“Lime Resources Germany GmbH (“LRG”) wishes to announce that for the full month of October 2025, production at the Schwarzbach and Lauben Fields combined, net to LRG, was 56 barrels of oil per day (bopd).

 

Schwarzbach Field: LRG holds a 100 per cent interest in the Schwarzbach Field. LRG is the operator. 

 

Lauben Field: LRG holds a 50 per cent interest in the Lauben Field. The operator is ONEO GmbH & Co.KG.

 

Only oil is sold from both fields as produced gas is being used on site for heating purposes.”

 

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