Hunter Group ASA

Director's Dealing • Jan 12, 2016

Badger Explorer ASA - Mandatory Notification of Trade

Badger Explorer ASA - Mandatory Notification of Trade

On the 11th January 2016, Mr. Steinar Bakke, the Chief Executive Officer of

Badger Explorer ASA, has purchased 45,473 shares in Badger Explorer ASA at a

price of NOK 0,95 per share. The total holding of Mr. Bakke's shares, after this

transaction, is 200,437 shares.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

Stavanger, 12th January 2016

For further information, please contact:

Steinar Bakke, CEO, cell phone +47 930 70 466

Gunnar Dolven, CFO, cell phone +47 908 53 168

www.bxpl.com