EBIT for 4Q 2009 of DKK 27.4MM and full year EBIT 2009 of DKK -75.6MM.

| Source: Atlantic Petroleum P/F Atlantic Petroleum P/F 

Tórshavn, Faroe Islands 26th February 2010 - Atlantic Petroleum (OMX: FO-ATLA)
today announced its results for 2009. This company announcement should be read
in conjunction with Atlantic Petroleum's Annual Report and Accounts 2009 and
the independent reserve report also attached to this announcement.

Attachments

annual report and accounts 2009.pdf 04-2010 4 quarter 2009 26-02-2010.pdf ap cpr.pdf