27 February 2015

                               Nordic Energy Plc

                          ("Nordic" or the "Company")

                           Unaudited Interim Results

The Directors of Nordic Energy, the oil and gas E&P company focused on Denmark,
Norway and the North Sea sectors of the Netherlands and the UK ("Nordic area"),
are pleased to present the Company's unaudited interim results for the six
month period ended 30 November 2014.

Period highlights:

  * CPR update announced

  * Maturation-Migration and Seismic Attribute studies completed with
    encouraging results

  * Board and Technical Team strengthened

  * Loss for the financial period is £135,308

Chief Executive's Statement

During the period under review, the board's focus was on completing the next
phase of technical work and strengthening the management and technical team in
preparation for the Company's planned move to AIM.

General and Administrative costs during the period under review were higher
than the prior period as a result of the ongoing farm-out discussions, the
strengthening of the board and technical team and advisers costs related to the
proposed move to AIM. It is anticipated that during the next half year these
costs will be significantly reduced in line with our policy to quickly adapt to
changed market conditions. To safeguard the Company's current resources, steps
have been taken to reduce cash spending further.

The Directors have been very encouraged by the results of the
Maturation-Migration and Seismic Attribute Study which has been shown to
support their view that Licence 1/13 ("the Licence") has the potential to be a
highly prospective hydrocarbon area. Further, the Company has made further
progress in advancing the technical work on its 3,622 sq km Danish North Sea
License 1/13. It is continuing a dialogue with the Danish authorities with
regards to an award of the new license for which it has applied.

The sharp drop in oil prices during second half of 2014 has created an air of
uncertainty within the industry and has hampered many companies in seeking to
raise funds for exploration activities. Despite the obvious challenges, the
environment, however, is also creating new opportunities and repricing assets
and services. In view of the planned seismic and drilling activities in Denmark
this is a positive development for Nordic. The Directors additionally view the
market environment as an opportunity to build scope and scale into the Company
at a time when consolidation is expected to increase in the near term. To this
end, the Directors are exploring a number of options including distressed asset
acquisition and broader commercial collaboration.

R.Kleiber
Director



UNAUDITED PROFIT AND LOSS ACCOUNT

                                              6 Months    6 Months        Year
                                                 ended       ended       ended
                                           30 November 30 November 31 November
                                                  2014        2013        2014

                                             Unaudited   Unaudited     Audited

                                                   GBP         GBP         GBP

Administrative Expenses                      (135,483)    (63,746)   (185,029)

OPERATING LOSS                               (135,483)    (63,746)   (185,029)

Interest receivable and similar income             175         253         477

LOSS ON ORDINARY ACTIVITIES BEFORE           (135,308)    (63,493)   (184,552)
TAXATION

Tax on loss on ordinary activities                   -           -           -

LOSS FOR THE FINANCIAL PERIOD                  135,308    (63,493)   (184,552)

Loss per share - basic (pence)                  (0.13)      (0.07)      (0.18)

All amounts relate to continuing
operations.

There were no recognised gains and losses for the six months to 30 November,
2014 other than those included in the Profit and loss account.



UNAUDITED BALANCE SHEET

                                              As at         As at         As at
                                        30 November   30 November   31 November
                                               2014          2013          2014

                                          Unaudited     Unaudited       Audited

                                                GBP           GBP           GBP

FIXED ASSETS

Intangible Assets                           361,495        32,680       315,337

CURRENT ASSETS

Debtors                                      13,923         8,921        27,304

Cash at bank                                101,330       287,602       278,644

                                            115,253       296,523       305,948

CREDITORS: amounts falling due            (100,776)       (3,500)     (110,044)
within one year

NET CURRENT ASSETS                           17,485       293,023       195,904

NET ASSETS                                  378,980       325,703       511,281

CAPITAL AND RESERVES

Called up share capital                     100,732        94,880       100,732

Share premium account                       622,042       405,120       622,042

Shares to be issued                          76,000             -        76,000

Warrants reserve                             71,430        61,702        71,430

Profit and loss account                     (2,120)             -       (2,120)

                                          (492,112)     (235,999)     (356,804)

SHAREHOLDERS' FUNDS                         375,972       325,703       511,281


Notes to the financial results

 1. There have been no changes to the accounting policies, compared to last
    year for the period under review.

 2. The financial information for the period ended 30 November 2014 has not
    been audited or reviewed by the Company's auditors and does not constitute
    statutory accounts within the meaning of Section 434 of the Companies Act
    2006.

 3. The Directors will not be paying a dividend.


The Directors of the Company take responsibility for this announcement.


Rudolf Kleiber            Nordic Energy PLC              Tel: +44 20 7283 0179
Patrick Rocholl           Nordic Energy PLC              Tel: +44 20 7283 0179

Jo Turner                 Cairn Financial Advisers LLP   Tel: +44 20 7148 7900
Liam Murray               Cairn Financial Advisers LLP   Tel: +44 20 7148 7900

Chris Crawford            Allenby Capital                Tel: +44 20 3328 5656

Kelsey Traynor            Yellow Jersey PR Limited       Tel: +44 7799 003 220

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