PetroNor E&P ASA

Regulatory Filings • Jun 11, 2015

LISTING ON THE OPEN MARKET, FRANKFURT STOCK EXCHANGE

LISTING ON THE OPEN MARKET, FRANKFURT STOCK EXCHANGE

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

an independent oil and gas exploration company operating ten licences in five

countries offshore West Africa, has today been advised that the shares of the

Company have been listed on the Open Market (Regulated Unofficial Market) of

the Frankfurt Stock Exchange under the WKN (German securities identification

code) A1C1G9.

The Company advises that the Open Market is not an organised market in the

sense of the German Securities Trading Act (WpHG - Wertpapierhandelsgesetz)

and that there are no ongoing obligations for the Company in respect to the

listing on the Open Market.

The Directors believe that a listing on the Open Market may result in the

Company's shares obtaining an additional trading avenue with possible

benefits of enhancing share trading liquidity.

Stuart Lake, African Petroleum's Chief Executive Officer, comments:

"Further to recent investor roadshows by the Company in Germany and

Switzerland we are pleased to learn that our shares have been listed on the

Open Market of the Frankfurt Stock Exchange, as this will facilitate easier

access to trading in our shares by retail investors in these countries where we

know there to be existing demand."

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For further information, please contact:

Stuart Lake, Chief Executive Officer

Stephen West, Finance Director

Tel: +44 20 3761 6900

Angeline Hicks, Company Secretary

Tel: + 61 401 489 883

Media Contacts:

For UK and International media - Buchanan

Ben Romney/Helen Chan

Tel: +44 207 466 5000

For Norwegian media - First House

Geir Arne Drangeid

Tel: +47 913 10 458

Geir Gjervan

Tel: +47 908 79 108

About African Petroleum

African Petroleum is a dynamic, independent oil and gas exploration company

operating ten licences in five countries offshore West Africa. The Company's

assets are located in fast-emerging hydrocarbon basins, principally the West

African Transform Margin, where several discoveries have been made in recent

years, including African Petroleum's Narina-1 discovery in February 2012,

which proved a working hydrocarbon system in the Liberian basin. With a

combined net acreage position of 30,378km2 through its licences in Côte

d'Ivoire, Liberia, Senegal, Sierra Leone and The Gambia, the Company has

matured its portfolio rapidly, acquiring more than 18,500km2 of 3D seismic

data and successfully drilling three wells, one of which was the first

hydrocarbons discovery in the offshore Liberian deep-water basin.

For more information about African Petroleum, please see

www.africanpetroleum.com.au