Petrolia ASA ("PDR") MANDATORY NOTIFICATION OF TRADE (Meldepliktig handel)

Sølve Nilsen and Kjetil Forland are primary insiders
in Petrolia ASA and we herewith notify that we have
yesterday entered into agreements to purchase 454 545
options each. The options give the right to purchase
one share in Petrolia ASA. The price for the options
is NOK 0.12 and the strike price is NOK 1.00. The
options have a term of three years and can be
exercised at any time during that period.

Following this transaction Sølve Nilsen owns 454 545
options and 1 500 000 shares.
Following this transaction Kjetil Forland owns 454
545 options and 300 000 shares.