COMPLETION OF CROSS-BORDER MERGER, Matching halt

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Reference is made to our announcement earlier today.

For technical reasons the company and Oslo Stock Exchange have decided to suspend trading of the Petrolia ASA shares on 24, 25 and 26 October. The Petrolia E&P Holdings SE shares will comence trading on 29 October.

Contact persons:

   Managing director, Kjetil Forland, +47 93 24 00 27

   Finance manager, Sølve Nilsen, +47 95 17 92 69

This information is subject of the disclosure requirements in Norwegian Securities Trading Act § 5-12.