Tórshavn, Faroe Islands, 2012-11-23 16:52 CET (GLOBE NEWSWIRE) -- Atlantic Petroleum (OMX: FO-ATLA) is pleased to announce that 100% of the shareholders in Emergy Exploration AS (“Emergy”) have accepted the offer from Atlantic Petroleum to acquire the shares in Emergy announced on 13th November. Atlantic Petroleum now holds 100% of the shares in Emergy and the company will be renamed Atlantic Petroleum Norge AS.
Ben Arabo, CEO of Atlantic Petroleum, said:
"We are delighted to complete the acquisition of Emergy Exloration and to welcome the Emergy organisation into the company. We look forward to participate in the 22nd Norwegian licensing round and to grow our asset base in Norway."
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. 33/2012
Issued 23-11-2012
P/F Atlantic Petroleum
Yviri við Strond 4
P.O. Box 1228
FO-110 Tórshavn
Faroe Islands
Telephone +298 350 100
Fax +298 350 101
Website: www.petroleum.fo
E-mail: petroleum@petroleum.fo