IPC publishes Company Description

April 19, 2017

International Petroleum Corporation ("IPC" or the "Corporation") is pleased to announce that it has published a Company Description in connection with its listing on the Nasdaq First North stock exchange.

The Company Description can be found on the Corporation's website, www.international-petroleum.com. The first day of trading on Nasdaq First North will be on 24 April 2017. The International Securities Identification Number (i.e., the ISIN) of IPC's share is CA46016U1084 and it will trade under the symbol "IPCO".

International Petroleum Corp. (IPC) is a new international oil and gas exploration and production company with a high quality portfolio of assets located in Europe and South East Asia, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC's shares are expected to be listed as of 24 April 2017 on the Toronto Stock Exchange (TSX) and the NASDAQ First North Exchange (Stockholm) under the symbol "IPCO". Pareto Securities AB is the Company's Certified Adviser on NASDAQ First North.

For further information, please contact: Rebecca Gordon VP Corporate Planning and Investor Relations rebecca.gordon@international-petroleum.com Tel: +41 22 595 10 50 or Robert Eriksson Media Manager reriksson@rive6.ch Tel: +46 701 11 26 15 This information is information that International Petroleum Corporation is required to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact persons set out above, at 12.00 CEST on 20 April 2017.