PETROLIA DRILLING ASA - ANNUAL REPORT 2009

PETROLIA DRILLING ASA - ANNUAL REPORT 2009

Ref. stock exchange announcement on 18th February 2010.

The Board of Directors of Petrolia Drilling ASA has in a board meeting
approved the annual accounts for 2009.

After the release of the preliminary and unaudited accounts for the
fourth quarter of 2009, small adjustments have been made in the Group's
accounts for 2009. Net result after tax for 2009 is USD 120.386.000.

The main difference in the result compared with preliminary report for
4th Quarter is impairment of drilling equipment with mUSD 8,5.

See further details in the annual report for 2009 enclosed.

The annual report for 2009 can also be downloaded from the company's web
site :
www.petrolia.no .



Bergen/Oslo, 30 April 2010.
Board of Directors

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