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OKEA ASA

Legal Proceedings Report Sep 23, 2019

3701_rns_2019-09-23_4d49f7d0-471f-4996-ace3-581e482eea38.html

Legal Proceedings Report

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Consent for drilling 6407/9-11 Infill Ø and 6407/9-12 Skumnisse

Consent for drilling 6407/9-11 Infill Ø and 6407/9-12 Skumnisse

Petroleum Safety Authority Norway has given OKEA consent for drilling

On 17 September 2019 Petroleum Safety Authority Norway gave OKEA consent for

drilling 6407/9-11 Infill Ø and 6407/9-12 Skumnisse with the Deepsea Nordkapp

rig. Drilling is expected to commence in October.

"Increasing the activity level in the Draugen area is an important part of

OKEA's strategy" CEO Erik Haugane confirms.

"We are very pleased to be drilling OKEA's first operated wells, less than a

year after becoming the operator of the Draugen field" says VP Drilling Ida

Ianssen Lundh in a comment.

Contacts:

Erik Haugane, CEO, 90721655

Ida Ianssen Lundh, VP Drilling, 45254562

Ståle Myhre, VP Investor Relations, 91751878

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