Seacrest Petroleo Bermuda Limited: Resignation of José Alcides Santoro Martins from Board of Directors and appointment of José Cotello to fill vacancy

22 Jul 2024 20:50 CEST

Rio de Janeiro, Brazil/Hamilton, Bermuda, 22 July 2024: Seacrest Petroleo
Bermuda Limited ("Seacrest Petroleo" or the "Company") announces that José
Alcides Santoro Martins has resigned from the Board of Directors of the
Company, and that the Board has appointed José Cotello, Chief Executive
Officer of the Company, to fill the vacancy created by Mr. Santoro Martins'
resignation.

Erik Tiller, Chairman of the Board of Directors, says: "We are excited about
José Cotello joining the Board and the dynamism that he brings to our growth
plan. We thank Mr. Santoro Martins for his service on the Board."

For further information, please contact:

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

John de los Santos, Head of Investor Relations
Seacrest Petroleo Bermuda Limited
Tel. +44 79 4971 4756
E-mail: john.santos@seacrestpetroleo.com

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act and the Euronext Rule Book part
II.

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 144 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.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 19 no. 3. The information was submitted for publication
at 2024-07-22 20:50 CEST.

More information:
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