Result of Extraordinary General Meeting


Result of Extraordinary General Meeting 25th July 2019

Tórshavn, Faroe Islands, 2019-07-25 (GLOBE NEWSWIRE)

Today P/F Atlantic Petroleum  (NASDAQ OMX: ATLA DKK & Oslo Stock Exchange: ATLA NOK) held an Extraordinary General Meeting in Tórshavn, Faroe Islands. Subsequently,  

The agenda was as follows:

1. Election of Chairman of the meeting

2. Election of a new Board of Directors

3. Any Other Business


Ad 1. Election of a new Board of Directors

Petur Even Djurhuus was elected Chairman of the Meeting.

Ad 2. Election of Board of Directors

In addition to the members proposed by the Board, the EGM proposed Kaj Johannesen and Mourits Joensen as Board Members. Mr Joensen's and Mr. Johannesen's credentials were presented to the meeting.

The shareholders registered elected Ben Arabo, Kaj Johannesen, and Mourits Joensen to the Board.

Ad 3. AOB

There was no other business at the meeting.


The Board constituted itself with Ben Arabo as Chairman and Kaj Johannesen as Deputy Chairman.

Ben Arabo, Chairman, said:

"I would like to thank the outgoing Board, Henrik Olesen, Charles Hendry and Yves Paletta, for their effort in securing new finance for the Company. The new Board looks forward to building on the good work and to be able to grow the Company again." 


Further Details:

Further details can be obtained from Mark T. Højgaard, (markh@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company's website: www.petroleum.fo.

Announcement no.: 15/2019

Issued: 25-07-2019

P/F Atlantic Petroleum
Yviri við Strond 4
P.O.Box 1228
FO-110 Torshavn
Faroe Islands

Website: www.petroleum.fo