PRELIMINARY REPORT AS PER 4TH QUARTER 2010.

PRELIMINARY REPORT AS PER 4TH QUARTER 2010.

Please find attached the preliminary report as per 4th quarter 2010 for

Petrolia ASA.

For further information - please contact :

Mr. Kjetil Forland - Managing Director, e-mail :
Kjetil.forland@petrolia.no (Kjetil.forland@petrolia.no)  

Mr. Sølve Nilsen - Finance Manager, e-mail :
solve.nilsen@petrolia.no (solve.nilsen@petrolia.no). 

Bergen/Oslo, 25 February 2011.

The Board of Directors

PETROLIA  ASA