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Welltec A/S: Interim Report Announcement

Company announcement no. 10/2016

November 17th2016

Q3-2016 Interim Report and Investor Conference Call Announcement

Welltec® will disclose its interim report for Q3-2016 on Thursday, November
24th, 2016 and will discuss the results during an investor conference call at
5 pm CET.

The conference call will be available for bond holders, prospective investors,
broker dealers and securities analysts and can be accessed by dialing in a
few minutes before the start and informing the operator that you would like
to participate in Welltec's investor conference call.

Relevant dial-in details and conference ID can be obtained by
contactingbkjelmann@welltec.comand registering for the call.

Finally, the Interim report will be made available on the "Investor" section
of Welltec's website at

For further information, please contact:

Michael Krabbe, CFO, Cell: +45 30 34 30 00 or

Simon Stadil, Director, Treasury&Investor Relations, Cell: +45 52 13 89 44

Company Profile

Welltec® develops and delivers technology and solutions intended to transform
the oil and gas industry. Our game-changing solutions are dedicated to
optimizing the management and development of clients' assets, both in the
form of well completion technology and intervention services required to
ensure performance and integrity. We operate in all types of onshore and
offshore well environments, including the most extreme and hostile, such as
deepwater, subsea, extended reach, heavy oil and unconventional gas and oil
wells. Our lightweight solutions are based on a vision to improve safety
while reducing environmental risks, fuel consumption and carbon footprints.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Welltec A/S via Globenewswire

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