NORDIC ENERGY PLC - Subscription,Directors' Dealings and Issue of Equity

                                                                  17 April 2014

        Nordic Energy PLC/ Index: ISDX / Epic: NORP / Sector: Oil & Gas

                               Nordic Energy Plc

                          ("Nordic" or the "Company")

             Subscription, Directors' Dealings and Issue of Equity

Nordic Energy PLC, an oil and gas E&P company focused on Denmark, Norway, and
the North Sea sectors of the Netherlands and the UK (the Nordic Area), is
pleased to announce that is has raised £187,000 through subscriptions for
3,116,667 shares at 6p per share ("Subscription Shares") of which £90,000 has
come from the Directors.

Nordic further announces that it has issued warrants and shares in recognition
of services provided to the Company and that certain Directors have partially
converted loans into new equity.

Issue of Warrants and Shares in Lieu of Services

The Company announces that it has issued 2,416,667 warrants in lieu of
technical consulting services received in connection with technical development
of its assets. The warrants have been issued to a number of parties including
Ian Donald and Kenneth Seymour, both directors of the Company, who have
received 1,000,000 and 416,667 warrants respectively. As Ian Donald and Kenneth
Seymour are directors of the Company, this is considered to be a related party
transaction. The warrants, which are exercisable for a period of three years at
6 pence per share, vest immediately.

The Company also announces that it has issued a further 461,936 new ordinary
shares of 0.1p at a price of 1.25p per share ("Fee Shares") to St. Brides Media
& Finance, the Company's former Financial PR provider, in lieu of payment of
services under the terms of their agreement made in April, 2013 and to complete
the engagement.

Convertible Loan Notes

The Company further advises that the convertible loan notes holders have each
converted part of their loan instruments to a value of £28,000.00, representing
2,240,000 new ordinary shares ("Conversion Shares"). Convertible loan notes
totalling £104,000, representing 8,320,000 new ordinary shares at a conversion
price of 1.25p per share, were granted to the shareholders of NikOil Limited on
4 September 2013 in respect of the transfer of Licence 01/13. The Conversion
Shares are comprised as follows:

Convertible      Value of loan  Number of     Value of         New   Total loan
note holder         notes held loan notes        notes    ordinary   notes held
                      prior to       held    converted      shares subsequently
                conversion (£)                     (£)      issued

Rudolf Kleiber          62,400  4,992,000       12,500   1,000,000    3,992,000

Patrick                 20,800  1,664,000       11,500     920,000      744,000
Rocholl

Danpec AS               20,800  1,664,000        4,000     320,000    1,344,000

Total                  104,000  8,320,000       28,000   2,240,000    6,080,000

Directors' Dealings and Issue of Equity

The Company advises that as a result of the transactions detailed above, the
following directors' dealings have occurred:

Director     Shareholding   New shares New shares Number of        Total Holding as
                 prior to     acquired     issued  warrants   subsequent          a
                 dealings      through    through    issued shareholding percentage
                          subscription       loan                         of issued
                                       conversion                             share
                                                                            capital

Rudolf         19,750,000            -  1,000,000         -   20,750,000     20.61%
Kleiber

Patrick         9,752,000       83,333    920,000         -   10,755,333     10.68%
Rocholl

Ian Donald      2,500,000    1,000,000          - 1,000,000    3,500,000      3.48%

Kenneth         2,500,000      416,667          -   416,667    2,916,667      2.90%
Seymour

The Company confirms that in total it has issued 5,818,603, new ordinary shares
0.1p each in the Company in respect of the Subscription, Fee and Conversion
Shares.

Total Voting Rights

For the purposes of the Disclosure and Transparency Rules, the Company's total
issued share capital at the date of this notice comprises 100,698,603 ordinary
shares of 0.1p each, with one voting right per share. There are no shares held
in treasury.

The above figure of 100,698,603 may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company, under
the Disclosure and Transparency Rules.

Rudolf Kleiber, CEO, commented, "We are delighted to be able to demonstrate the
continued support, commitment and confidence of our Directors and advisers
through both the subscriptions received and by the acceptance of warrants and
shares for their services rendered. This allows us to deploy our cash reserves
in further proving our resources, which we believe will be beneficial for all
shareholders."

The Directors of the Company take responsibility for this announcement.

For further information please visit www.nordicenergyplc.com or contact:

Rudolf Kleiber            Nordic Energy PLC          Tel: [phone]

Patrick Rocholl           Nordic Energy PLC          Tel: [phone]

Jo Turner                 Cairn Financial Advisers   Tel: [phone]
                          LLP

Liam Murray               Cairn Financial Advisers   Tel: [phone]
                          LLP

Kelsey Traynor            Yellow Jersey PR Limited   Tel: [phone]

Dominic Barretto          Yellow Jersey PR Limited   Tel: [phone]

Notes

Nordic Energy is an oil and gas exploration & production company focused on the
North Sea and northern Europe. The Company listed on the ISDX Growth Market in
October 2012 to acquire low cost entry opportunities in the UK, Danish and
Dutch offshore sectors. The Directors have significant experience in the Nordic
Region in particular and are focused on building a multi-project portfolio at
various stages of development including exploration and production.

The
Directors have been assessing a number of assets in the Nordic Region and have
a pipeline of projects including exploration, development and production in
Denmark, the Netherlands and offshore UK.

The Company's focus is on exploration success in the Danish North Sea to create
near-term value for shareholders. The Company will leverage its industry
experience to acquire prospective low-cost exploration assets and production in
the Nordic region and re-evaluate prospectivity by applying modern technology.
The Board of Directors plans to use surplus cash flow from producing asset(s)
to fund future exploration activity. A tight control of corporate overheads
will maintain focus on operational value delivery.

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