Share Capital Increase Registered

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The following share capital increase relating to the completion of the Nordic Petroleum acquisition.

The new share capital in the company is £ 4356, divided into 43,565,785 with a par value of £ 0.0001.

The share capital increase is registered at Companies House and at the Norwegian Central Securities Depository (“VPS”).

For further information, please contact: Nils Trulsvik, CEO, tel: +47 416 08 667 – e-mail: nils.trulsvik@netoilcapital.com

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

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