Seacrest Petroleo Bermuda Limited: Market making agreement with Sparebank1 Markets AS

Rio de Janeiro, Brazil/Hamilton, Bermuda 2 January 2023: Seacrest Petroleo Bermuda Limited (“Seacrest Petroleo” or "the Company") has entered into a market making agreement with Sparebank1 Markets AS.

The purpose of the agreement is to support liquidity in the trading of the shares in the Company. The terms of the agreement are in accordance with the standard requirements of the Euronext Oslo Stock Exchange.

The first day of market making under the agreement will be 2 January 2024.

For further information, please contact:

Torgeir Dagsleth, Group CFO
Seacrest Petroleo Bermuda Limited
Tel. +47 95 89 19 70

John de los Santos, Head of Investor Relations
Seacrest Petroleo Bermuda Limited
Tel. +44 79 4971 4756

The information in this notice is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the Euronext Rule Book part II.

About Seacrest Petroleo

Seacrest Petroleo is an independent oil and gas production company with an integrated portfolio of onshore producing oil fields and export infrastructure onshore in Espírito Santo, Brazil. The fields have estimated oil and gas in place volumes of 1.2 billion barrels of oil equivalents and certified 2P reserves of 140 million barrels of oil equivalents. The Company has exclusive control over its infrastructure, continuously from field production to offshore tanker loading terminal, allowing for cost-effective operations, and enabling direct access to markets for its premium grade products. The Company has offices in Bermuda, Norway and Brazil.