Dry exploration well on the Ilder prospect (PL973) operated by Chrysaor

Reference is made to OKEA press releases of 18[th] February and 23[rd] March.

Drilling operations on the Ilder exploration well 15/12-26, operated by Chrysaor Norge AS, are now being concluded.

The well is characterised as a dry well and will now be plugged and abandoned.

More information on the final well result will be published by the Norwegian Petroleum Directorate in due course.

Chrysaor Norge AS (operator) holds 50% WI, OKEA ASA 30% and Petoro AS 20% in the PL973 licence.