BADGER EXPLORER ASA - 3Q 2011 Report

Badger Explorer ASA (“BXPL”) releases its 3Q 2011 Report today. BXPL’s 3Q 2011 investor presentations will take place at the Hotel Continental in Oslo at 11:00 CET today, and in Stavanger at the Company’s premises at Forusskogen 1 at 09:00 CET on Thursday, 27 October. The presentations will be given by the new Company CEO David W. Blacklaw and the CFO Gunnar Dolven.Badger Explorer ASA has passed several milestones during the third quarter of 2011, and the Company is now moving its focus to the first commercial use of the Badger Explorer (“Badger”) tool. The successful proof of concept