Seacrest Petroleo Bermuda Limited: Resignation of Pedro Magalhães from Board of Directors

23 Oct 2024 20:30 CEST

Rio de Janeiro, Brazil/Hamilton, Bermuda, 23 October 2024: Seacrest Petroleo
Bermuda Limited ("Seacrest Petroleo" or the "Company") announces that Pedro
Magalhães has resigned from the Board of Directors of the Company with
immediate effect. The Board of Directors will meet in due course to fill the
vacancy.

Erik Tiller, Chairman of the Board of Directors, says: "We thank Mr. Magalhaes
for his service on the Board and wish him well in his future endeavours."

For further information, please contact:

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 is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2024-10-23 20:30 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

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