Notice of AGM

For immediate release 7th September 2021

Pennpetro Energy PLC

("Pennpetro" or the "Group")

Notice of Annual General Meeting

London, 7th September 2021 - Pennpetro, an independent oil and gas company focusing on production in the Gonzales Oil Field in Texas, USA, announces that its Annual General Meeting ('AGM') will be held at 11.30am (UK time) on 30 September 2021 in the Dora Carrington Room, Charlotte Street Hotel, Charlotte Street, London, W1T 1RJ. In the event there are any changes to the UK Govt policy on meeting, the AGM will be held by electronic means.

Copies of the 2020 Annual Report, Notice of the Annual General Meeting and Form of Proxy are available on the Company's website: www.pennpetroenergy.co.uk.

ENDS

Enquiries

Pennpetro Energy Plc

88 Whitfield Street

First Floor

London

W1T 4EZ

tme@pennpetroenergy.co.uk

Instinctif Partners

Galyna Kulachek / Sarah Hourahane

pennpetro@instinctif.com

+44 (0)20 7457 2020

NOTES TO EDITORS

Pennpetro Energy is an independent oil and gas company focusing on production in the Gonzales Oil Field in Texas, USA. Shares in the company were admitted to the Official List of the London Stock Exchange by way of a Standard Listing on 21 December 2017.

Further information on the Company can be found at www.pennpetroenergy.co.uk