PetroNor E&P ASA

Regulatory Filings • Jun 11, 2015

11 June 2015

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

Listing!on!the!Open!Market,!Frankfurt!Stock!Exchange

African!Petroleum,!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."''

*****

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! fasth emerging!hydrocarbon!basins,!principally!the!West!African!Transform!Margin,!where!several! discoveries! have! been! made! in! recent! years,! including! African! Petroleum's! Narinah1! 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! deephwater!basin.

For!more!information!about!African!Petroleum,!please!see!www.africanpetroleum.com.au