Resignation of CFO

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Jon Wiggen has decided to resign as CFO in the company. The Board will assumehis functions until a qualified replacement can be found.

Share capital increase registered

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The following share capital increase relating to the assignment of Netoil’s oiland gas interest to J.P. Kenny Petroleum Ltd as reported. Netoil has received30,000,000 new shares against the assignment of their assets. The new share

Share capital increase registered

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The following share capital increase relating to investment by FortunaOpportunities Fund S.C.A. SICAV-RAIF (“Fortuna”). Fortuna has received 917,667new shares against the payment of £ 406 264, ie £0.44 (NOK 4.6)/per share. The new share capital

JP Kenny Petroleum Ltd. Assignment of PSA by Netoil Ltd.

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Oslo, 22 march, 2021 JP Kenny Petroleum Ltd. (“JPK”) announces that it has reached agreement withNetoil Ltd. (“Netoil”) for the assignment to JPK of Netoils’ oil and gas assets,against the issue to Netoil of 30

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