BXPL – Mandatory Notification of Trade

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Mr. Steinar Bakke, who is the Chief Executive Officer of Badger Explorer ASA, has today purchased 125,000 shares in Badger Explorer ASA at a price of NOK 1,35 per share. Mr. Bakke's total holding of shares after this transaction is 155,000 shares.

The Chief Executive Officer of Dalvin Rådgivning AS, Mr. Gunnar Dolven, who is also the Chief Financial Officer of Badger Explorer ASA, has today purchased 125,000 in Badger Explorer ASA at a price of NOK 1,35 per share. Mr. Dolven’s total holding of shares after this transaction is 434,872 shares.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Stavanger, 20th August 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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