Seacrest Petroleo Bermuda Limited: Follow up to publication of 2022 Annual Report and fourth quarter 2022 results

25 Apr 2023 13:33 CEST

Rio de Janeiro, Brazil/Hamilton, Bermuda, 25 April 2023: Reference is made to
the publication today by Seacrest Petroleo Bermuda Limited ("Seacrest Petroleo"
or the "Company") of its 2022 Annual Report and supplementary fourth quarter
2022 results.

In accordance with ESEF reporting requirements, Seacrest Petroleo has attached
hereto the full zip file for the iXBRL version of its 2022 Annual Report.

For further information, please contact:
Torgeir Dagsleth, Group CFO
Seacrest Petroleo Bermuda Limited
Tel. +47 958 91 970
E-mail: torgeir.dagsleth@seacrest.com

About Seacrest Petroleo:
Seacrest Petroleo is an independent oil and gas production company with an
integrated portfolio of onshore producing oil fields and export infrastructure
onshore in Espírito Santo, Brazil. The fields have estimated oil and gas in
place volumes of 1.2 billion barrels of oil equivalents and certified 2P
reserves of 140 million barrels of oil equivalents. The Company has exclusive
control over its infrastructure, continuously from field production to offshore
tanker loading terminal, allowing for cost-effective operations, and enabling
direct access to markets for its premium grade products. The Company has offices
in Bermuda, Norway and Brazil.

Important information
Matters discussed in this announcement and the accompanying reports may
constitute forward-looking statements. Forward-looking statements are statements
that are not historical facts and may be identified by words such as
"anticipate", "believe", "continue", "estimate", "expect", "intends", "may",
"should", "will" and similar expressions. The forward-looking statements in this
announcement and the accompanying reports are based upon various assumptions,
many of which are based, in turn, upon further assumptions. Although the Company
believes that these assumptions were reasonable when made, these assumptions are
inherently subject to significant known and unknown risks, uncertainties,
contingencies and other important factors which are difficult or impossible to
predict and are beyond its control. Such risks, uncertainties, contingencies and
other important factors could cause actual events to differ materially from the
expectations expressed or implied in this release by such forward-looking
statements. The information, opinions and forward-looking statements contained
in this announcement and the accompanying reports speak only as at the date of
this announcement, and are subject to change without notice.

More information:
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588438_2138006AEHLIT6E5XM67-2022-12-31-en.zip