Financial calender for 2012

Petrolia ASA will present quarterly financial statements on the following dates in 2012:

* 4th quarter 2011 results: 29 February 2012

* 1st quarter 2012 results: 24 May 2012

* 2nd quarter 2012 results: 24 August 2012

* 3rd quarter 2012 results: 23 November 2012

The annual report for 2011 will be announced on 27 April 2012.

Bergen/Oslo, 30 December 2011

Petrolia ASA

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