2011-02-25 11:09:47 CET

2011-02-25 11:10:44 CET


REGULATED INFORMATION

Islandic English
Atlantic Petroleum P/F - Ársreikningur

Atlantic Petroleum delivers its best ever result. Operating profit (EBIT) was DKK 147.3MM in 2010



Tórshavn, Faroe Islands, 2011-02-25 11:09 CET (GLOBE NEWSWIRE) -- P/F Atlantic
Petroleum (OMX: FO-ATLA) today announces its results for 2010. This company
announcement should be read in conjunction with Atlantic Petroleum's Annual and
Consolidated Report and Accounts 2010 and the independent reserve report also
attached to this announcement. 

Further Details:

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



On the website, it is also possible to sign up for the Company's e-mail
newsletter. 



Announcement no. 5/2011

Issued 25-02-2011


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