Dry well with shows on the Bounty prospect (PL935)

Petrolia NOCO AS (49.9% owned associated company) has reported that the Bounty
well (PL 935) is determined as a dry well with shows and will be permanently
plugged and abandoned. 
PL935 license partners: ConocoPhillips Skandinavia AS (Operator and 40%), Petoro
AS (20%), ABP Norway AS (20%) Petrolia Noco AS (10%) and Equinor Energy AS
(10%).
Further details from the Norwegian Petroleum Directorate can be found here:
https://www.npd.no/en/facts/news/Exploration-drilling-results/2022/dry-well-near
-the-fenja-field-in-the-norwegian-sea--63063-2/ 

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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