Valiant Petroleum Wraps Up Acquisition of Nor Energy UK

Further to its announcement on March 12, 2009, Valiant Petroleum has completed the acquisition of Nor Energy (UK) Limited, including its 10.50% interest in Licence P.201, Block 211/22a SE and Licence P.1383, Block 211/23d containing the Causeway Field.

From the date of this announcement Valiant will hold a 24.50% stake in the Causeway Field.