Submission of the Duva PDO

February 11, 2019

Wellesley Petroleum AS («Wellesley») notes the Press Release issued today by the Ministry of Petroleum (MPE) announcing the submission of the Duva (PL636) PDO. Wellesley holds a 20% interest in the PL636.

Chris Elliott, CEO of the Wellesley Group of companies, commented: “This is a milestone for our company, and a large step towards Wellesley first oil. We are very pleased to see the PDO of Duva submitted.”

The press release from the MPE can be found at the link below:

https://www.regjeringen.no/no/aktuelt/ny-side2/id2630012/

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