16 September 2021 PetroNor E&P Limited ("PetroNor " or the "Company") Gambia Update Preliminary Extension of Longstop DatePetroNor (OSE ticker: "PNOR"), the independent oil and gas exploration and production company with a focus on sub-Saharan Africa, is pleased to provide the following update regarding its A4 license in TheGambia . As set out in the announcement on19 September 2020 , in which the Company announced a settlement agreement with TheGambia resulting in the reinstatement of the A4 license toPetroNor , the Company had a period of one year, ending18 September 2021 , to process data and progress farm-out discussions.PetroNor today announces that it has received from the Government a thirty (30) day extension to the Longstop date of the Licence. The Company now awaits the Government's response to its request for a full year extension to the Longstop date, which will enable the Company to progress its ongoing discussions with potential partners. ***** For further information, please contact: Knut Søvold, Chief Executive OfficerChris Butler , Group Financial Controller info@petronorep.com Media Contacts:Buchanan Ben Romney Tel: +44 207 466 5000 AboutPetroNor E&P PetroNor E&P Limited is a sub-Saharan focused independent oil and gas exploration and production company listed on Oslo Euronext Expand with the ticker PNOR.PetroNor holds exploration and production assets offshoreWest Africa , specifically the PNGF Sud licenses in Congo Brazzaville, the A4 license in TheGambia , the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licenses inGuinea-Bissau , the Rufisque Offshore Profond and Senegal Offshore Sud Profond inSenegal (in arbitration) and OML-113 inNigeria (subject to completion).
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