Results of Cash Bond Tender Offer
Reference is made to the stock echange notice dated 9. June 2011. The tender offer acceptance periode expired yesterday, 22. June 2011 at 17:30 CET. Petrolia has received valid tenders in respect of Bonds in an aggregate nominal amount of NOK 25.5 million, as according to the terms set out in the offer document. All conditions for completion of the offer have been met. Each holder of tendered Bonds will receive an offer price of NOK 425,000 per NOK 500,000 in nominal amount and accured interest of NOK 1,315 on the settlement date, expected to be 28.June 2011. Following the