PetroNor E&P ASA Registered Shs ISIN: NO0012942525 Forum: Aktien Thema: Hauptdiskussion

PetroNor E&P ASA: Production increase in Q4 2023 resulting from the successful infill drilling campaign Oslo, 10 January 2024: PetroNor E&P ASA (“PetroNor” or the “Company”) is pleased to provide the following update on the Congo operations related to the PNGF Sud field complex. 5,3191 Fourth quarter average net to PetroNor production was bopd, compared with 5,113 bopd in the previous quarter and 4,688 bopd in the same period in 2022, yielding an average 5,1681 full-year production of bopd for 2023. December production was lower than capacity 3rd due to a party generator shut down yielding less power available for PNGF Sud. Going forward, with the planned commissioning of the Tchendo 2 platform in 2024, PNGF will become independent of external power import. Forecasted activities in Q1 include a probable lifting and sale of the Company’s inventory of entitlement oil of over 300,000 bbls. In addition, drilling operations for the previously announced Tchibeli NE well to the Vandji Formation are expected to begin. Further details will be issued when available. The full account of production (including final allocation) will be presented in the interim report for the fourth quarter of 2023. For further information, please contact: Investor Relations Email: ir@petronorep.com www.petronorep.com