Operations update November 2013

| Source: Atlantic Petroleum P/F

Tórshavn, Faroe Islands, 2013-12-02 08:16 CET (GLOBE NEWSWIRE) -- P/F Atlantic Petroleum (OMX: FO-ATLA) today announces that during the month of November, Atlantic Petroleum produced a net total of 52,000 barrels of oil equivalents (boe) from the Chestnut, Ettrick and Blackbird fields. The average daily production was 1,733 boe per day net to the Group.

Chestnut production was interrupted during the month due to an issue with the mooring system. This has now been rectified and full production resumed.


Further Details:

Further details can be obtained from Ben Arabo, CEO, tel +298 350100 (ben.arabo@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company's website: www.petroleum.fo.

On the website, it is also possible to sign up for the Company’s e-mail newsletter.


Announcement no.50/2013

Issued 02-12-2013