Los enlaces entre párrafos

Name Position first elected expiry of cv

to the Board current term

AtlANtic PetrOleUm NOrge As

Jan Edin Evensen Non-Executive Director 12th _{January 2013 No fixed term see board Members of P/F Atlantic Petroleum}

ben Arabo Chairman of the board 12th _{January 2013 No fixed term see Management Pofiles, CEO}

Nigel Thorpe Executive Director 12th _{January 2013 No fixed term see Management Pofiles, business Dev. Director}

AtlANtic PetrOleUm UK ltd

Jan Edin Evensen Non-Executive Director 26th _{August 2009 No fixed term see board Members of P/F Atlantic Petroleum}

ben Arabo Executive Director 1st _{september 2010 No fixed term see Management Pofiles, CEO}

Richard hardman Non-Executive Director 12th _{August 2003 No fixed term see Director Profiles - Atlantic Petroleum subsidiaries}

Nigel Thorpe Executive Director 31st _{August 2011 No fixed term see Management Pofiles, business Dev. Director}

Wayne Kirk Executive Director 1st _{February 2012 No fixed term see Management Pofiles, Technical Director} AtlANtic PetrOleUm (irelANd) ltd

Jan Edin Evensen Non-Executive Director 20th _{November 2009 No fixed term see board Members of P/F Atlantic Petroleum}

ben Arabo Executive Director 1st _{september 2010 No fixed term see Management Pofiles, CEO}

Richard hardman Non-Executive Director 20th _{November 2009 No fixed term see Director Profiles - Atlantic Petroleum subsidiaries}

Nigel Thorpe Executive Director 31st _{August 2011 No fixed term see Management Pofiles, business Dev. Director}

Wayne Kirk Executive Director 1st _{January 2012 No fixed term see Management Pofiles, Technical Director}

vOlANtis exPlOrAtiON ltd

Jan Edin Evensen Non-Executive Director 14th _{June 2011 No fixed term see board Members of P/F Atlantic Petroleum}

ben Arabo Executive Director 14th _{June 2011 No fixed term see Management Pofiles, CEO}

Richard hardman Non-Executive Director 14th _{June 2011 No fixed term see Director Profiles - Atlantic Petroleum subsidiaries}

Nigel Thorpe Executive Director 1st _{January 2011 No fixed term see Management Pofiles, business Dev. Director}

Wayne Kirk Executive Director 1st _{January 2012 No fixed term see Management Pofiles, Technical Director}

vOlANtis NetHerlANds Bv

Wayne Kirk Executive Director 10th _{July 2012 No fixed term see Management Pofiles, Technical Director}

directOrs’ iNterests ANd remUNerAtiON

beneficial interests of the board of Directors holding office at the year-end, related parties and indirect holdings of the Group are set out below:

Board of directors Position Number related indirect remuneration remuneration

the group of shares Parties Holdings 2012 2011

birgir Durhuus Chairman of the board 1,733 250 0 441,000 408,992 Jan E Evensen Deputy Chairman 0 0 0 330,750 290,740 Poul R Mohr board Member 1,346 233 0 220,500 220,500

Diana Leo board Member 0 0 0 220,500 204,496

David A MacFarlane board Member 0 0 0 305,262 172,488

total 3,079 483 0 1,518,012 1,297,216

The board of Directors do not receive any share related compensation from the Group. ceO’s iNterests ANd remUNerAtiON

beneficial interests of the CEO holding office at the year-end, related parties and indirect holdings of the Group are set out below:

share based

management Position Number related indirect salary Bonus payment ltiP remuneration remuneration the group of shares parties Holdings 2012 2012 in bonus 2012 2012 2012 2011

ben Arabo CEO 0 10 920 1,728,375 637,500 262,500 136,497 2,764,872 1,880,800

In addition to the remuneration to the CEO total benefits add up to DKK 5,500.

date subject

21st _{December Financial Calendar of Atlantic Petroleum 2013}

19th _{December Director´s dealings}

19th _{December Transaction of Own shares}

13th _{December Atlantic Petroleum Acquires UK Development Assets}

7th _{December Atlantic Petroleum Entering the Netherlands}

4th _{December Changes in Major shareholders holdings}

4th _{December Acquisition of Own shares}

4th _{December Operations update November 2012}

28th _{November Record performance for the Group in 3Q 2012}

27th _{November Live webcast/Conference call 28}th _{November 2012}

27th _{November Atlantic Petroleum announces that the brugdan II well is temporarily suspended}

23rd _{November Atlantic Petroleum completes acquisition of Emergy Exploration As}

13th _{November Atlantic Petroleum enters the Norwegian Continental shelf through acquisition of}

Emergy Exploration As

6th _{November Exploration drilling update – spaniards East}

1st _{November Operations update October 2012}

26st _{October Four licences offered for award in the UK 27}th _Round

23rd _{October Polecat Well spud}

15th _{October spaniards East Well spud}

1st _{October Operations update september 2012}

25th _{september Atlantic Petroleum announces farm-ins to UK P1100 Polecat discovery and P1610 &}

P1766 containing the Magnolia prospect 3rd _{september Operations update August 2012}

29th _{August Record performance for Atlantic Petroleum in 1h 2012. The Group increases its 2012 guidance}

for production and EbITDAX

28th _{August Live webcast/Conference call 29}th _{August 2012}

2nd _{August Operations update July 2012}

25th _{July Expiry of UK Licence P1047 Marten}

6th _{July Flagging of P/F TF holding indirect holding of Atlantic Petroleum shares}

5th _{July Changes in Major shareholders holdings}

2nd _{July Operations update June 2012}

17th _{June Drilling commences on the 6104/21-2 brugdan II exploration well on Faroes Licence 006}

1st _{June Operations update May 2012}

30th _{May Operating profit in 1Q 2012 of DKK 65.3MM (1Q 2011: DKK 26.7MM)}

29th _{May Live webcast/Conference call 30}th _{May 2012 at 12:00 noon GMT}

3rd _{May Operations update April 2012}

2nd _{April Operations update March 2012}

24th _{March Grant of Options}

24th _{March Result of Annual General Meeting 24}th _{March 2012}

23th _{March Changes in Major shareholders holdings}

8th _{March Orchid Well Operations}

1st _{March summons for the Annual General Meeting of P/F Atlantic Petroleum}

24th _{February EbIT for 4Q 2011 of DKK 17.2MM and full year EbIT 2011 of DKK 126.3MM}

22th _{February Live webcast/Conference call 24}th _{February 2012 at 12.00 noon GMT}

2nd _{February Operations update January 2012}

4th _{January Operations update December 2011}

Please refer to www.petroleum.fo where the announcements to the stock exchanges can be read in full.