26 October 2020
PetroNor E&P Limited
(“PetroNor” or the “Company”)
PetroNor (OSE ticker: “PNOR”), the independent oil and gas exploration and production company with a focus on production, development and exploration assets across sub-Saharan Africa, advises that the case details are publicly available on ICSID’s website
https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/18/24
and that the proceedings are currently suspended until 2 November 2020. Furthermore although close to the end of the suspension agreement, the parties continue to work towards an amicable solution.
*****
For further information, please contact:
Knut Søvold, Chief Executive Officer
Chris Butler, Group Financial Controller
info@petronorep.com
Media Contacts:
Buchanan
Ben Romney
Tel: +44 207 466 5000