NEWS RELEASE Fortis Petroleum Norway AS (“Fortis” or “the Company”) Fortis Petroleum Norway AS Awarded Five Exploration Licences in the Norwegian APA 2012 Licensing Round Fortis is pleased to announce that it has been awarded participating interests in five exploration licences in the Norwegian APA 2012 Licensing Round PL 509 BS (Block 30/4) Fortis Wintershall Spring Energy 30% 40% and Operator 30% PL 663 (Blocks 2/6 & 3/4) Fortis Det norske oljeselskap Bayerngas Premier Petoro 10% 30% and Operator 20% 20% 20% PL 672 (Blocks 15/12 & 16/10) Fortis Talisman Det norske oljeselskap 25% 50% and Operator 25% PL 677 (Blocks 25/1 & 4) Fortis Det norske oljeselskap 40% 60% and Operator PL 678 S (Blocks 26/1, 2 & 4 and 31/10) Fortis Wintershall Det norske oljeselskap Lundin 20% 35% and Operator 25% 20% Michael Haagaard, CEO of Fortis, comments: “This is excellent news for Fortis, these licences which have been awarded in a highly competitive environment and comprise very exciting exploration opportunities, will double our current licence portfolio and provide the company with an excellent platform for further growth in the respective areas” Enquiries: Michael Haagaard CEO Tel: +47 918 70 700 Email: mail@fortis-petroleum.com Morten Rye-Larsen VP Exploration Tel: +47 918 70 700 Email: mail@fortis-petroleum.com