Result of Extraordinary General Meeting

Result of Extraordinary General Meeting 7th February 2018

Today P/F Atlantic Petroleum  (NASDAQ OMX: ATLA DKK & Oslo Stock Exchange: ATLA NOK) held an Extraordinary General Meeting in London, United Kingdom. Subsequently,    

1. Petur Even Djurhuus was elected Chairman of the Meeting.
2. Mr Yves Paletta was unanamously elected as a new member of the Company’s Board replacing Mr Ben Arabo who has resigned.
3. The extraordinary General Meeting of the Company unanmously approved the de-listing of the secondary listed shares of the Company from the Oslo Bors and to authorise the Board of Directors of the Company to take any and all steps and measures necessary in reation to this decision.

Further Details:

Further details can be obtained from Graeme Fawcett, CEO, tel +44 7720 29 66 49 (graemef@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company's website: www.petroleum.fo.

Announcement no.3/2018

Issued 07-02-2018