Operations update June 2012

Atlantic Petroleum P/F 

02.07.2012 18:55

Dissemination of a Adhoc News, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Tórshavn, Faroe Islands, 2012-07-02 18:55 CEST (GLOBE NEWSWIRE) -- P/F Atlantic
Petroleum (OMX: FO-ATLA) today announces that during the month of June,
Atlantic Petroleum produced a net total of 75,000 barrels of oil equivalents
(boe) from the Chestnut, Ettrick and Blackbird fields. The average daily
production was 2,500 boe per day net to the Company. 



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. 18/2012

Issued 02-07-2012






         P/F Atlantic Petroleum
         Yiri við Strond 4
         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
News Source: NASDAQ OMX



02.07.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Atlantic Petroleum P/F
              
               
              Faeroe Islands
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         FO000A0DN9X4
WKN:          
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------