Notice of Annual General Meeting in Badger Explorer ASA

The shareholders of Badger Explorer ASA are hereby given notice of the Company’s Annual General Meeting for the fiscal year 2009 to be held at the Company's premises at Hinna Park, Building C, Jåttåvågveien 7, 4020 Stavanger, Norway on 21 April 2010 at 10.00 CET. Please find attached the Notice of the Annual General Meeting, the Company’s Annual Report for 2009 as well as the recommendations of BXPL’s Nomination Committee. The attached documents are also available on the Company’s website www.bxpl.com under “Investor Relations” (http://www.bxpl.com/visliste.asp?id=1001).