Badger Explorer ASA - 2Q/1H 2011 Report

Badger Explorer ASA releases its 2Q/1H 2011 Report today. BXPL’s 2Q/1H 2011 investor presentations will take place at Hotel Continental in Oslo today at 11:00 CET and in Stavanger at the Company’s premises at Forusskogen 1 on Thursday, 25 August at 09:00 CET.Badger Explorer ASA has during the first half of 2011 prepared for and conducted the two Milestone 3 tests. On 18 August 2011BXPL informed the market that the three sponsoring oil companies, ExxonMobil, Shell and Statoil, had unanimously and unconditionally approved the Milestone 3 results as a successful completion of the Prototype