Sale of Energy Scout / notice of memorandum of agreement

24 Nov 2022 16:52 CET

Ålesund 24.11.2022

Energy Scout AS, a subsidiary of Golden Energy Offshore Services AS (the
“Company”), has today entered into a Memorandum of Agreement (the “MoA”) for the
sale of the PSV Energy Scout. The MoA is expected to be completed in the 1st
Quarter of 2023. The sales price was USD 6,450,000, which is expected to improve
the liquidity of the Company.

For further information please contact

Per Ivar Fagervoll
CEO
email pif@geoff.no
Phone +47 97428884

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