CONGO BRAZZAVILLE: PetroNor E&P ASA Q1 2026 Production and Oil Sale Update

PetroNor E&P has provided the following update on the PNGF Sud field operations in Congo.
The Company lifted and sold 964,593 barrels of entitlement oil on 6-8 April 2026. This
represents a record single-lifting volume for the Company and includes a significant overlift of
more than 500,000 barrels that will be replenished over the coming months with entitlement
oil of circa 100,000 barrels per month. The realised price of the sale will be determined
according to the current market conditions and the lifting contract with ADNOC. This realisation
will be announced at the end of April.

First quarter average net working interest production was 4,721 bopd , compared with 4,564
bopd in the previous quarter and 4,303 bopd in the first quarter of 2025. Production efficiency
at 86 percent was impacted by an infrastructure interruption causing almost half of the wells to
be shut-in for a period of 16 days in February. Following complete repairs, all wells were back
in production during March and gross daily production capacity at exit Q1 exceeded 31,000
bopd (net 5,200 bopd).