Public listing of Badger Explorer ASA at Oslo Axess

Listing date: 12/06/2007
Ticker: BXPL

Badger Explorer ASA is an oil technology company developing a method for exploration and verification of oil and gas prospects, called Badger Explorer. The method provides a substantially lower risk, cost and complex operation compared to utilising an expensive conventional drilling rig. Badger Explorer is currently in testing phase, and several important milestones have already been reached. The Company expects commercial launch of Badger Explorer in late 2008.

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