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PO Box 161
5868 Bergen

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Espehaugen 32 B
5258 Blomsterdalen

18 January 2019

Petrolia Noco success in APA 2018

Petrolia was offered five licenses in the APA 2018 by the Norwegian Ministry of Petroleum and Energy. Two of the licenses (PL 992 and PL 994) are located in the northern North Sea and three in the Norwegian Sea (PL 937 B, PL 998 and PL 1013), where Petrolia also obtained one operatorship (PL 1013). Petrolia delivers on the strategy of niche exploration with additional focus on near field acreage, which is reflected in the awarded licenses. Petrolia keeps growing and is continuing to chase the great potential on the NCS and building a strong, diverse portfolio.

Fantastic effort by the team, resulting in positive results on all our applications in APA 2018.  With the newly awarded licenses Petrolia will continue to grow as a company and work together with partners to create value on the NCS.

Anette Broch Mathisen TvedtExploration Manager