PetroNor E&P ASA

Board/Management Information • Oct 18, 2019

18 October 2019

PetroNor E&P Limited ("PetroNor" or the "Company")

Death of Non-Executive Director

PetroNor announces with great sadness the news that Non-Executive Director Mr Bjarne Moe has passed away.

It is not the intention of the Board to seek a replacement Non-Executive Director at this stage, and accordingly the Board is now comprised of seven Directors:

Eyas Alhomouz, Non-Executive Chairman Jens Pace, Chief Executive Officer and Executive Director Stephen West, Chief Financial Officer and Executive Director Knut Søvold, Chief Operating Officer and Executive Director David King, Non-Executive Director Joseph Iskander, Non-Executive Director Timothy Turner, Non-Executive Director

Commenting on today's announcement, Eyas Alhomouz, Non-Executive Chairman of PetroNor E&P said:

"On behalf of the Board I offer my sincere condolences to Bjarne's family for their loss. Bjarne was a valuable contributor towards the Company since joining the Board of what was then African Petroleum in 2013. He was a real gentleman and he will be missed by all of us at PetroNor."

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For further information related to the above, 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