PetroNor E&P ASA

Prospectus • Feb 25, 2022

PetroNor E&P ASA: Approval of prospectus and listing of shares

Oslo, 25 February 2022: Reference is made to the stock exchange announcements previously published by PetroNor E&P ASA (the "Company" or "PetroNor") regarding the re-domicile and listing process, the latest published on 24 February 2022.

The Financial Supervisory Authority of Norway (Nw. Finanstilsynet) has today, 25 February 2022, approved a prospectus prepared by the Company for listing of all its outstanding shares on Oslo Børs. The prospectus will be made available on the Company's website at www.petronorep.com/investors today, 25 February 2022.

The shares in the Company are expected to be listed on Oslo Børs on or about 28 February 2022.

For further information, please contact: Investor Relations Email: ir@petronorep.com www.petronorep.com

About PetroNor E&P

PetroNor E&P ASA is an Africa-focused independent oil and gas exploration and production company that holds exploration and production assets offshore West Africa, specifically the PNGF Sud licenses in Congo Brazzaville, the A4 license in The Gambia, the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licenses in Guinea-Bissau, the Rufisque Offshore Profond and Senegal Offshore Sud Profond in Senegal (in arbitration) and OML-113 in Nigeria (subject to completion).