UPDATE ON COMPLETION WITH MERCOM OIL SANDS

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In a meeting on November 6th 2012 the Board of Directors reviewed the extension proposal from Mercom Oil Sands Plc. The parties are in dialogue and a conclusion is expected by Monday November 12th.

Fredrikstad, Norway 08.11.2012

Nordic Petroleum AS
Further enquiries, please call Arild Tolfsen
Mobile : +47 93 09 98 59
E-mail : arild.tolfsen@nop.as