Please find attached the stock notice issued byPetrolia NOCO AS announcing that the drilling of the Dugong well (PL 882) on the Norwegian Continental Shelf (NCS) will commence by the 19th of June.Petrolia SE is the major shareholder (49.9%) in Petrolia NOCO.Petrolia SE has also given an exploration loan ofNOK 100 million to Petrolia NOCO. This is the first well that Petrolia NOCO has participated in since 2015. Should the well result in a commercial discovery, this may be transformative for the company.Petrolia SE is listed with ticker "PSE" onOslo Stock Exchange (www.ose.no) and its activities are within E&P and Oil Services.Petrolia NOCO AS is listed on the NOTC (www.notc.no) inOslo with ticker "PNO". Limassol17 June 2020
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