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01.06 . 2018

AKER ENERGY: AKER ENERGY BECOMES OPERATOR OF THE DWT/CTP BLOCK IN GHANA AFTER ACQUIRING HESS GHANA

(Oslo, 1 June 2018) Aker Energy Ghana AS, a subsidiary of Aker Energy AS ("Aker Energy") has completed the acquisition of Hess Ghana, the operator of the Deepwater Tano Cape Three Points block ("DWT/CTP") with a 50 percent participating interest in the license. Aker Energy will work closely with licence partners and authorities to submit a Plan of Development ("PoD") in second half of 2018 with anticipated first oil in fourth quarter of 2021.