Oslo, 28 February 2022: As from today, the shares in PetroNor E&P ASA
("PetroNor") start trading on Oslo Børs. 

"This is truly a big day for PetroNor, and we are immensely proud to be listed
on the main list of the Oslo Stock Exchange. Today also marks the completion of
the process of re-domiciling PetroNor from Australia to Norway. I am incredibly
excited about this new chapter, and I wish all existing and new shareholders a
very warm welcome" says CEO Jens Pace. 

PetroNor E&P ASA is an independent, African focused oil and gas exploration and
production company based in Norway. The key growth strategy of the Group, in
addition to organically developing existing assets, is to pursue acquisition
opportunities.

The Group has recently completed the process to re-domicile from Australia to
Norway, whereby shares in PetroNor E&P Limited (previously listed on Euronext
Expand) were swapped for shares in PetroNor E&P ASA. The shares in PetroNor E&P
Limited have been delisted in conjunction with the listing of PetroNor E&P ASA
on Oslo Børs. Reference is made to the stock exchange announcements previously
published by PetroNor E&P ASA regarding the re-domicile and listing process, the
latest published on 25 February 2022.

The listing prospectus is available on:
www.petronorep.com/investors/share-scheme 

For additional information, please contact:
Investor Relations
Email: ir@petronorep.com
www.petronorep.com

About PetroNor E&P ASA
PetroNor E&P ASA is an Africa-focused independent oil and gas exploration and
production company listed on Oslo Børs with the ticker PNOR. PetroNor E&P ASA
holds exploration and production assets offshore West Africa, specifically the
PNGF Sud licenses in Congo Brazzaville, the A4 license in The Gambia, the Sinapa
(Block 2) and Esperança (Blocks 4A and 5A) licenses in Guinea-Bissau, the
Rufisque Offshore Profond and Senegal Offshore Sud Profond in Senegal (in
arbitration) and OML-113 in Nigeria (subject to completion).