SUMMONS TO THE ANNUAL GENERAL MEETING ON 30 MAY 2012

The shareholders of Petrolia ASA are invited to attend the Annual General Meeting to be held on Wednesday 30 May 2012 at 13,00 hrs. in "Shippingklubben, Lillesal", Haakon VIIs gate 1,Oslo.

Reference to the enclosed Summons.

The appendices to the Summons and the Annual Report for 2011 are available on http://www.petrolia.no.

The shareholders may also register on www.nordea.no/generalforsamlinger.

Shareholders are encouraged to register no later than Tuesday 24 May 2012 at 3.00 pm (Norwegian time).

Bergen/Oslo, 09 May 2012.