EBIT for 4Q 2009 of DKK 27.4MM and full year EBIT 2009 of DKK -75.6MM.

Tórshavn, Faroe Islands 26th February 2010 - Atlantic Petroleum (OMX: FO-ATLA)

today announced its results for 2009. This company announcement should be read

in conjunction with Atlantic Petroleum´s Annual Report and Accounts 2009 and

the independent reserve report also attached to this announcement.