Hamilton, Bermuda (August 31, 2017)

Archer advises that its 2017 Annual General Meeting will be held on September 22, 2017. The record date for voting at the Annual General Meeting is set to July 24, 2017.  A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial statements for 2016 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.