Minutes of the Extraordinary General Meeting

Badger Explorer ASA (“BXPL”) held its Extraordinary General Meeting today, 17 December 2009 at 10:00. Reference is made to the notice sent out by BXPL on 16 November 2009. The minutes from the meeting, the CEO’s presentation and the new Articles of Association are attached and can also be downloaded at the company’s website www.bxpl.com. For further information, please contact: Kjell Erik Drevdal, CEO, Badger Explorer ASA, office +47 52 97 45 15, mob + 47 916 43552 Gunnar Dolven, CFO, Badger Explorer ASA, office +47 52 97 45 40, mob +47 908 53168 www.bxpl.com