Name of insider: Mortan Johannesen Relation to the issuer: Board Member Date of transaction: 19/09/2007 Buy or Sell: Buy Type of instrument : Equities Number of shares: 3,104 Price: 550 DKK Primary insider's holdings after the transaction: 40,000 Primary insider's option holdings after the transaction: 0 Related parties' holdings after the transaction: 10,000 Comments: This trade relates to a forward contract with a financial institution entered into 29 June 2006 and announced 3 July 2006 - please see previous announcement. Further Details: Further details can be obtained from Wilhelm Petersen, Managing Director, tel +298 350 100 (wilhelmp@petroleum.fo) or Teitur Samuelsen, Financial Manager, tel +298 350 100 (teiturs@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company's website: www.petroleum.fo. P/F Atlantic Petroleum Gongin 9 Telephone +298 350 100 P.O. Box 1228 Fax +298 350 101 FO-110 Tórshavn Website: www.petroleum.fo Faroe Islands
Atlantic Petroleum - Insider Trading
| Source: P/F Atlantic Petroleum