The second listing in 2022 on the main market
Market capitalisation of NOK 1.3 billion
Amsterdam, Brussels, Dublin, Lisbon, Milan, Paris, and Oslo – 28 February 2022 – Euronext today congratulates PetroNor E&P (ticker: PNOR), an independent oil and gas company, on its listing on Oslo Børs main market. The company was previously listed on Euronext Expand Oslo but, following the redomiciling from Australia to Norway, the company was delisted before transferring to the main market.
PetroNor E&P has experience in oil and gas exploration, appraisal, development and production, and has multiple licences in countries in West Africa (Republic of Congo, The Gambia, Guinea-Bissau, Senegal and Nigeria).
The admission and issue price of PetroNor E&P shares was set at NOK 1 per share. Market capitalisation was NOK 1.3 billion on the day of listing.
Jens Pace, CEO of PetroNor E&P said: “This is truly a big day for PetroNor, and we are immensely proud to be listed on the main list of Oslo Børs. Today also marks the completion of the process of redomiciling PetroNor from Australia to Norway. I am incredibly excited about this new chapter, and I wish all existing and new shareholders a very warm welcome.”
About PetroNor E&P
PetroNor E&P ASA is an Africa-focused independent oil and gas exploration and production company listed on Oslo Børs with the ticker PNOR. PetroNor E&P ASA holds exploration and production assets offshore West Africa, specifically the PNGF Sud licenses in Congo Brazzaville, the A4 license in The Gambia, the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licenses in Guinea-Bissau, the Rufisque Offshore Profond and Senegal Offshore Sud Profond in Senegal (in arbitration) and OML-113 in Nigeria (subject to completion).