Badger Plasma Technology CEO Resigns

CEO Stig Hetlevik of Badger Explorer ASA's subsidiary Badger Plasma Technology AS resigns during the summer of 2008 from his position to commence as CEO of Well-Invest AS, a major competence company within drilling and well operations in Stavanger.

Work has commenced to find his replacement.

His resignation will have no impact on the ongoing qualification tests in testing of the PCD technology applied on scale removal, previously announced to be completed by end 1H/2008.

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