PetroNor E&P ASA

Report Publication Announcement • May 1, 2019

1 May 2019

African Petroleum Corporation Limited ("African Petroleum" or the "Company")

Gambia Block A1 – Response to Media Articles

African Petroleum notes recent media articles stating that BP Plc has signed an agreement with the Gambian government in relation to Block A1 in The Gambia. The Company continues to reserve its rights in relation to the A1 licence and will continue with its efforts to protect its interest in the A1 licence through the ongoing ICSID arbitration process.

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For further information, please contact:

Jens Pace, Chief Executive Officer Stephen West, Chief Financial Officer Tel: +44 20 3655 7810

Media Contacts:

Buchanan Ben Romney/Chris Judd Tel: +44 207 466 5000