PetroNor E&P ASA

AGM Information • Apr 30, 2015

NOTICE OF ANNUAL GENERAL MEETING

NOTICE OF ANNUAL GENERAL MEETING

NOTICE OF ANNUAL GENERAL MEETING

Notice is given that the Annual General Meeting of

Shareholders will be held at 9:00am (WST) on 29 May

2015 at the offices of Steinepreis Paganin, Level

4, 16 Milligan Street, Perth, Western Australia.

The Explanatory Statement in the attached Notice of

Meeting provides additional information on matters

to be considered at the Annual General Meeting. The

Explanatory Statement and the Proxy Form are part

of this Notice of Meeting.

The Directors have determined pursuant to

Regulation 7.11.37 of the Corporations Regulations

2001 (Cth) that the persons eligible to vote at the

Annual General Meeting are those who are registered

Shareholders at opening of business on 27 May 2015.

Shareholders registered in the VPS must be

registered shareholder at close of business on 19

May 2015.

Please refer to the attached Notice of Meeting for

further details.

For further information, please contact:

Stuart Lake, Chief Executive Officer

Stephen West, Finance Director

Tel: +44 203 761 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