COMPANY ASSETS AND PORTOFOLIO COMPETENCE & SKILLS NEWS CONTACT Contact Point Resources Oslo Visiting address: Grundingen 3 0250 Oslo Postal address: Grundingen 3 0250 Oslo Point Resources Stavanger Visiting address: Jåttåvågveien 7 4020 Stavanger Postal address: Postboks 8120 4068 Stavanger Registry of Business Enterprises: NO 998 852 722 COMPANY Mission Vision Strategy Business Model History Responsibilities ASSETS AND PORTOFOLIO Licence map Asset Overview Exploration Strategy Licensing Rounds COMPETENCE & SKILLS Why Work at Point Resources? NEWS News CONTACT Copyright Notice Legal Notice Phone: +47 24 04 54 80 info@pointresources.no

COMPANY ASSETS AND PORTOFOLIO COMPETENCE & SKILLS NEWS CONTACT Point Resources is operative HitecVision is pleased to announce that the merger between its portfolio companies Core Energy, Spike Exploration and Pure E&P has been completed, and the new company Point Resources is formally established and operative. Point Resources is a new full-profile E&P company on the Norwegian Continental Shelf, with USD 300 million in new capital to fund growth through acquisitions and business developments over the next five years. The company is a robust entity able to handle both the challenges of the current market situation and take full advantage of the opportunities. The company starts life with a strong license portfolio, including a production base of about 9,000 barrels of oil equivalent per day; significant holdings in several discoveries that are expected to be developed over the coming years: Pil (45%), Garantiana (30%), and Snilehorn (17,5%); as well as an interesting exploration portfolio. CEO Roar Tessem leads a team of more than 50 employees at offices in Oslo and Stavanger. COMPANY Mission Vision Strategy Business Model History Responsibilities ASSETS AND PORTOFOLIO Licence map Asset Overview Exploration Strategy Licensing Rounds COMPETENCE & SKILLS Why Work at Point Resources? NEWS News CONTACT Copyright Notice Legal Notice Phone: +47 24 04 54 80 info@pointresources.no

COMPANY ASSETS AND PORTOFOLIO COMPETENCE & SKILLS NEWS CONTACT COMPANY Mission Vision Strategy Business Model History Responsibilities ASSETS AND PORTOFOLIO Licence map Asset Overview Exploration Strategy Licensing Rounds COMPETENCE & SKILLS Why Work at Point Resources? NEWS News CONTACT Copyright Notice Legal Notice Phone: +47 24 04 54 80 info@pointresources.no