28 June 2019

PetroNeft Resources plc

("PetroNeft" or the "Group" or the "Company")

Annual Report & Annual General Meeting

Further to the announcement on 21 June 2019, PetroNeft confirms that the Company's Annual Report and Accounts for the year ended 31 December 2018 and Notice of the 2019 AGM has been posted to shareholders today. The 2019 AGM will take place on Friday 20 September 2019 in Dublin. The Annual Report is now available online at the Company's website www.petroneft.com/investor-relations/financial-reports/.

For further information, contact:

David Sturt, CEO, PetroNeft Resources plc

+971 55 1919 808

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