PetroMena's Bond Issue Oversubscribed

In reference to the previous announcement regarding a new NOK 1,600 million bond issue in Petrorig III Pte Ltd, a subsidiary of PetroMena AS. The bond issue was oversubscribed, and the board of directors of PetroMena and Petrorig III Pte Ltd are pleased with the response from both Norwegian and international institutional bond investors.

The bond issue was managed by Pareto Securities ASA as lead-manager and Fearnley Fonds ASA as co-manager.