Hamilton, Bermuda (September 5, 2016)

Archer advises that its 2016 Annual General Meeting will be held on September 23, 2016. The record date for voting at the Annual General Meeting is set to July 25, 2016.  A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial statements for 2015 can be found on our website www.archerwell.com.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.