Atlantic Petroleum P/F - Company Announcement

Resignation of Financial Manager

Tórshavn, Faroe Islands, 13th November 2009 - P/F Atlantic Petroleum (OMX:
FO-ATLA), the international upstream oil and gas company, today announces that
Teitur Samuelsen has given notice of his resignation from the position as
Financial Manager with Atlantic Petroleum, with effect from 1st January 2010.
Mr. Samuelsen has decided to pursue a new job opportunity. The Company has
started recruitment procedures to find a permanent replacement for the
position. To secure an efficient and smooth handover, it has been agreed that
Mr. Samuelsen will assist in the period until a new Financial Manager has been
appointed. 

Further Details
Further details can be obtained from Wilhelm Petersen, CEO, tel. +298 350100
(wilhelmp@petroleum.fo). This announcement will be available, together with
other information about Atlantic Petroleum, on the Company's website:
www.petroleum.fo 


Announcement no. 46/2009		                               Issued 13-11-2009


P/F Atlantic Petroleum 		                           Telephone +298 350 100
Gongin 9		                                                    Fax +298 350 101
P.O. Box 1228		                                  Website: www.petroleum.fo
FO-110 Tórshavn 		                             E-mail: petroleum@petroleum.fo
Faroe Islands