PRELIMINARY REPORT AS PER 1ST QUARTER 2011

Tue, May 31, 2011 08:56 CET

Please find attached the preliminary report as per 1st quarter 2011 for Petrolia ASA.

For further information, please contact:

Mr. Kjetil Forland, Managing Director: kjetil.forland@petrolia.no

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

Bergen/Oslo, 31.May 2011

Board Of Directors

Petrolia ASA

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