RECEIVED WRIT OF SUMMONS FROM PETROJACK ASA, ITS BANKRUPT ESTATE.

RECEIVED WRIT OF SUMMONS FROM PETROJACK ASA, ITS BANKRUPT ESTATE.

Petrolia ASA has received a writ of summons from Petrojack ASA, its
bankrupt estate, which includes a claim of up to NOK 32, 9 million
related to Petrolia Services AS' (Petrolia ASA's 100% owned subsidiary)
purchase of certain drilling equipment from Petrojack in 2009. The
bankrupt estate asserts to have a claw back claim related to the
transferred equipment.

Petrolia ASA dismisses the reason for the claim.

For further information: please contact Mr. Kjetil Forland - email:
kjetil.forland@petrolia.no (kjetil.forland@petrolia.no) .

Bergen/Oslo, 10 March 2011.

PETROLIA ASA