Badger Explorer ASA – annual accounts for 2014 approved

Today, the Board of Directors of Badger Explorer ASA approved the Annual Accounts for 2014. There are no material changes compared to the preliminary results, which were presented in connection with the Company's Q4 2014 Report on 11th February 2015.

The Board of Directors' Report for 2014 and the 2014 financial statements and notes are attached to this stock exchange notification.

Stavanger, 25th March 2015

For further information, please contact:
Steinar Bakke, CEO, cell phone +47 930 70 466, office +47 52 97 45 50
Gunnar Dolven, CFO, cell phone +47 908 53 168, office +47 52 97 45 40

www.bxpl.com

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About Us

The Badger Explorer is a technology for exploring and mapping hydrocarbon resources. The tool is equipped with logging sensors and communication solutions. The tool drills into and buries itself in the underground. It operates at a lower risk, lower costs and less complexity than a drilling rig.