IPC Publishes Prospectus for Bond Listing on Oslo Børs

International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) announces that the Swedish Financial Supervisory Authority today approved the prospectus in connection with the listing on Oslo Børs of IPC’s 7.25 percent USD 300 million senior unsecured bonds (ISIN: NO0012423476). The first day of trading of the bonds on Oslo Børs is expected to be on or around July 1, 2022.

IPC’s senior unsecured bonds were issued on February 1, 2022 with maturity in February 2027. The prospectus for the bonds to be admitted for trading on Oslo Børs, was approved by and registered with the Swedish Financial Supervisory Authority today, and the prospectus will be passported to Norway. The prospectus is available on IPC’s website (www.international-petroleum.com) and will be available on the Swedish Financial Supervisory Authority’s website (www.fi.se).