Reference is made to the stock notice on October 1st. 

Petrolia Noco AS (49.9 % owned) announces that drilling operations on the
exploration well in Dugong Tail prospect in PL 882 license are now being
concluded. The well is determined as a dry well and will be plugged and
abandoned. More information on the final well result will be published by the
Norwegian Petroleum Directorate in due course.
Dugong licence-partners: Neptune Energy (operator and 45%), Petrolia Noco (20%),
Idemitsu Petroleum Norge (20%) and Concedo (15%).

This notice contains information which is considered inside information pursuant
to the European Market Abuse Regulation. The notice has been published by Mr.
Sølve Nilsen at 11:00 CEST on 8 October 2021.

The notice is subject to the disclosure requirements pursuant to section 5 -12
of the Norwegian Securities Trading Act.
 
Limassol 8 October 2021

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