Norwegian Asset Swap with Equinor
5 December 2018 Faroe Petroleum plc ("Faroe", "Faroe Petroleum", the "Company") Norwegian Asset Swap with Equinor Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce it has signed a binding agreement with Equinor Energy AS (a wholly owned subsidiary of Equinor ASA) ("Equinor") to swap its interests in the Njord, Hyme redevelopment and Bauge development assets (the "Divested Assets") in return for interests in four production assets on the Norwegian