Seacrest Petroleo Bermuda Limited: Presentation to investors in Oslo on 11 September 2024

11 Sep 2024 07:00 CEST

Rio de Janeiro, Brazil/Hamilton, Bermuda, 11 September 2024: Jose Cotello,
Chief Executive Officer of Seacrest Petroleo Bermuda Limited ("Seacrest
Petroleo" or the "Company"), will make a presentation to investors at the
Pareto Energy Conference in Oslo today.

A copy of the presentation is attached.

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.

Notice to reader

Seacrest Petroleo's results presented in the presentation that accompanies
this press release are, unless otherwise stated, based on IFRS and have not
been externally reviewed and audited. The financial information presented in
such presentation is based on internal management accounts, is the
responsibility of management and has not been externally audited, reviewed or
verified. Although we believe the information to be reasonable, actual results
may vary from the information contained above and such variations could be
material. As such, you should not place undue reliance on this information.
This information may not be indicative of the actual results for the quarter
or any future period.

Important information

Matters discussed in the presentation that accompanies this press release may
constitute forward-looking statements. Forward-looking statements are
statements that are not historical facts and may be identified by words such
as "anticipate", "believes", "continue", "estimate", "expect", "intends",
"may", "should", "will" and similar expressions. The forward-looking
statements in such presentation 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 such presentation by such
forward-looking statements. The information, opinions and forward-looking
statements contained in such presentation speak only as at the date of this
release and are subject to change without notice.

More information:
Access the news on Oslo Bors NewsWeb site

627457_Seacrest Petroleo Bermuda Limited- Presentation to investors in Oslo on 11 September 2024.pdf
627457_20240911 Seacrest Petroleo Pareto Conference Final.pdf