PetroNor E&P ASA

Board/Management Information • Jan 19, 2017

CHANGE OF AUDITOR

CHANGE OF AUDITOR

African Petroleum Corporation Limited ("African

Petroleum" or the "Company"), an independent oil and

gas exploration company with high impact licences

offshore West Africa (OAX:APCL) announces that with

effect from today 19 January 2017, BDO Audit (WA) Pty

Ltd ("BDO"), a member firm of BDO International Ltd,

has been appointed as auditor of the Company.

The Board selected BDO to replace Ernst & Young as the

Company's auditors for the financial year ending 31

December 2016 and subsequent financial years on the

basis that BDO are more aligned to the Company's

current operations and to the Company's continued

strategy to reduce corporate costs.

The Board believes that the appointment of BDO is in

the best interests of the Company and its shareholders.

The following specific information is provided in

accordance with the Corporations Act 2001(Cth) and

ASIC's requirements:

African Petroleum Corporation Limited has appointed

BDO Audit (WA) Pty Ltd as auditor of the Company with

effect from 19 January 2017. This appointment follows

the resignation of Ernst & Young, and ASIC's consent

to the resignation in accordance with s329(5) of the

Corporations Act 2001.

In accordance with s327C of the Corporations Act 2001,

the directors of the Company have approved the

appointment of BDO Audit (WA) Pty Ltd as auditor of

the Company. BDO Audit (WA) Pty Ltd will continue to

hold office until the next Annual General Meeting at

which time their appointment will be put forward as a

resolution to be voted upon by the shareholders of the

Company.

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

About African Petroleum

African Petroleum is an independent oil and gas

exploration company with an equity interest in eight

licences in four countries offshore West Africa

(Senegal, The Gambia, Côte d'Ivoire and Sierra Leone).

The Company's assets are located in proven hydrocarbon

basins in the West African Transform Margin and the

Atlantic Margin, where several discoveries have been

made in recent years. The Company is working with its

partner Ophir Energy (operator) on the CI-513 licence

in Côte d'Ivoire to drill an exploration well in Q2

For more information about African Petroleum, please

see www.africanpetroleum.com.au

This information is subject to disclosure requirements

pursuant to section 5-12 of the Norwegian Securities

Trading Act.