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PetroJack ASA is registered on business address in Oslo and administration offices in Bergen. The company was established in October 2004. The group comprises the parent company Petrojack ASA and the subsidiaries Petrojack I Pte Ltd and Petrojack III Pte Ltd, all registered and localised in Singapore.

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PETROJACK ASA

Reference to stock exchange notice 08 March 2010. Petrojack ASA has on 16 March 2010 received a notice of delisting from Oslo Børs. Due to the bankruptcy proceedings that Petrojack ASA is undergoing, Oslo Børs is of the opinion that the company no longer will be able to comply with its continuing obligations as a listed company, and therefore is not suitable for listing. Petrojack ASA acknowledges this and accepts the delisting of the company's shares from trading on Oslo Stock Exchange accordingly. Bergen/Oslo, 17 March 2010.

PRELIMINARY RESULT AS PER 4TH QUARTER 2009.

Reference to the stock exchange notice 12 January 2010. The Board of Directors of Petrojack ASA has decided to change the date for the presentation of the prelimininary 4th Quarter Result 2009 for Petrojack ASA. Operation and business management Petrojack has one jack-up rig (Petrojack IV) which was delivered in January 2009. Petrojack IV has an operating water depth capacity of 375 feet and drilling depth capacity of approximately 30,000 feet. On the 23rd of January 2009, Petrojack IV started on a five years drilling contract with PTT Exploration & Production Public Company Limited at a

PETROJACK ASA CONSIDERS STRATEGIC OPPORTUNITIES

The Board of Directors of Petrojack ASA (”Petrojack”) has engaged ABG Sundal Collier Norge ASA as financial advisor to explore strategic opportunities regarding Petrojack' non-operating assets, including the possible divestment of Petrojack’s 25% ownership interest in Petrolia Drilling ASA. For further information, please contact : Erik Solheim, Chairman of the Board of Directors of Petrojack ASA, Phone: +47 91 15 20 31. Bergen/Oslo, 3 February 2010.

RESULT FROM BONDHOLDERS' MEETING

Reference is made to Petrojack ASA’s announcement of 22 January 2010 regarding the summons to a bondholders’ meeting on 1 February 2010 in the bond loan referred to as “US$200,000,000 Senior Secured Open Bond Issue 2006/2012” (ISIN NO 001031832.2), and to Norsk Tillitsmann ASA's summons to such bondholders' meeting attached thereto. The bondholders' meeting was held yesterday, and all the proposed resolutions were adopted in accordance with the summons. For further information, please contact: Chairman of the Board Erik Solheim, erik.solheim@vogtwiig.no). Bergen/Oslo, 02 February 2010 This

Petrojack ASA-Summons to bondholders’ meeting

Reference is made to previous announcements regarding Petrojack ASA's (ticker: JACK) ("Petrojack") discussions with its bondholders regarding a restructuring of its bond loans, most recently its announcement of 18 December 2009. Upon the request of a majority of the bondholders in Petrojack’s first lien bond loan referred to as “US$200,000,000 Senior Secured Open Bond Issue 2006/2012” (ISIN NO 001031832.2), the trustee for the loan, Norsk Tillitsmann ASA, has summoned a meeting of the bondholders to be held on 1 February 2010. The meeting has been summoned to seek approval from the

STATUS PETROJACK ASA

Reference is made to previous announcements (e.g. on 27 November 2009 in conjunction with preliminary Q3 reporting) relating to Petrojack ASA's discussions with its bondholders regarding a restructuring of its bond loans. Petrojack ASA has today received a letter from Norsk Tillitsmann ASA (NTM) on behalf of the first lien bondholders in the FRN Petrojack ASA USD Senior Secured Open Bond Issue 2006/2012 with Call Option ISIN NO 001 031832.2. The letter is attached to this announcement. For further information : please contact : Chairman of the Board Erik Solheim - erik.solheim@vogtwiig.no.

PRELIMINARY RESULT AS PER 3rd QUARTER 2009

Operation and business management Petrojack ASA had one jack-up rig (Petrojack IV) which was delivered in January 2009. Petrojack IV has an operating water depth capacity of 375 feet and drilling depth capacity of approximately 30,000 feet. On the 23rd of January 2009, Petrojack IV started on a five years drilling contract with PTT Exploration & Production Public Company Limited at a operating rate of USD 151,000 per day. The company is very satisfied with the operation of the rig with full utilization. The rig has been awarded for efficient operation several times. The shipyard is carrying

Petrojack ASA evaluates strategic options - seeks restructuring of debts

Petrojack ASA (ticker: “JACK”) (“Petrojack”) has initiated a process to evaluate its strategic options and restructure its financial liabilities. As previously announced, cf. inter alia the notice for the extraordinary general meeting on 19 October 2009, Petrojack is due to pay instalments on its bond loans in an aggregate amount of approximately USD 55 million during April and May 2010, and Petrojack’s cash flow will not be sufficient to service said repayments. Initiatives at raising capital in the market have not succeeded as they have not been approved by the shareholder meeting of

PETROJACK ASA - PRELIMINARY RESULT AS PER HALF YEAR 2009

Operation and business management Petrojack ASA had one jack-up rig (Petrojack IV) which was delivered in January 2009. Petrojack IV has an operating water depth capacity of 375 feet and drilling depth capacity of approximately 30,000 feet. On the 23rd of January 2009, Petrojack IV started on a five years drilling contract with PTT Exploration & Production Public Company Limited at a rate of USD 151,000 per day. In addition, Petrojack holds 24.99 % of Petrolia Drilling ASA. The investment gives Petrojack exposure to the semi market. Petrojack also holds 36,958,800 shares in PetroProd Ltd,

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