Bondholders` information meeting

Mon, May 23, 2011 09:25 CET

Please find attached an invitation to all bondholders in 12.0 per cent Petrolia Drilling ASA Callable Bond Issue 2008/2012

with ISIN 001 044025.8 to attend information meetings in Oslo and London.

For futher information - please contact:

Mr. Sølve Nilsen - Finance Manager, e-mail: solve.nilsen@petrolia.no

Bergen/Oslo, 23. May 2011

This information is subject of the disclosure requirements acc. to § 5-12 vphl (Norwegian Securities Trading Act)