PETROLIA NORWAY AS ENTERS INTO AGREEMENT WITH DET NORSKE OLJESELSKAP ASA
Petrolia Norway AS, a 100% subsidiary of Petrolia SE, has entered into an agreement with Det norske oljeselskap ASA to purchase 10% in PL 558. PL558 is located in the Norwegian Sea east and adjacent to the Skarv Field. The well will be spudded in the near future and is scheduled for 29 days. The transaction is pending approval from the authorities. Limassol/Bergen, 10 June 2014 For further information, please contact: Vidar Bergo Larsen Managing Director Petrolia Norway AS Phone: +47 90 86 60 41 E-mail: vidar.bergo.larsen@petrolia.no About Petrolia Norway AS