Petrolia Energy Corp.

HOUSTON, TX--(Marketwired - May 31, 2017) - Petrolia Energy Corp.'s (OTCQB: BBLS) insiders, including members of the Board of Directors and Management, have converted $382,700 of short-term working capital loans that were intended to be repaid out of proceeds from the Series A Preferred stock offering to 38,200 shares of preferred stock. As part of the consideration, the Company issued 400,000 warrants to purchase common [...]

HOUSTON, TX--(Marketwired - May 31, 2017) - Petrolia Energy Corp. (OTCQB: BBLS) ("Petrolia" or the "Company") an energy company that specializes in acquiring, remediating and reengineering existing oil fields, announced today that it has increased shareholders equity by $2,000,000 by negotiating the conversion of certain short-term and long-term debt into equity. The 2016 purchase of the Slick Unit Dutcher Sands oilfield [...]

HOUSTON, TX--(Marketwired - April 26, 2017) - Earlier this year, Petrolia Energy Corp. (OTCQB: BBLS) ("Petrolia" or the "Company") completed the acquisition of 60% net working interest in the Twin Lakes San Andres Unit ("TLSAU") lease, located in Chaves County, New Mexico, bringing its total ownership of TLSAU to 100%. Overall, the TLSAU lease includes: 4,864 gross and net acres; 2,292,903 barrels of 1P reserves; 44 [...]

HOUSTON, TX--(Marketwired - April 19, 2017) - Petrolia Energy Corp. (OTCQB: BBLS) ("Petrolia" or the "Company") is pleased to announce the appointment of Mr. James E. Burns as President and Director along with Mr. Saleem Nizami as an Independent Director effective April 19, 2017. Once these new appointments are confirmed at the upcoming Annual General Meeting, they will increase the board to seven (7) members, with three [...]

HOUSTON, TX--(Marketwired - December 14, 2016) - Petrolia Energy Corp. (OTCQB: BBLS) ("Petrolia" or the "Company") recently approved a multi-phase drilling program at its 100% owned Slick Unit Dutcher Sands Field ("SUDS") in Creek County, Oklahoma. Permits have been filed and the first well, SUDS-PETROLIA #1, is scheduled to be drilled by year-end. The Company anticipates drilling one additional producing well and one [...]

HOUSTON, TX--(Marketwired - October 05, 2016) - Petrolia Energy Corp. (OTCQB: BBLS) ("Petrolia" or the "Company") has purchased a 90% working interest ("WI") through a purchase and sale agreement ("PSA") and a share exchange agreement ("SEA") with Jovian Petroleum Corporation and its subsidiaries, Jovian Resources, LLC and SUDS Properties, LLC (collectively, "Jovian") increasing its ownership to 100% WI for the Slick Unit [...]

HOUSTON, TX--(Marketwired - September 22, 2016) - Petrolia Energy Corp. (OTCQB: BBLS) ("Petrolia" or the "Company") has entered into a definitive agreement with Whistler Ventures, LLC to acquire a 25% working interest position in Twin Lakes San Andres Unit, a long producing oil and gas property in the Permian Basin. Whistler will divest its position in the field by acquiring 3,500,000 shares in Petrolia Energy, for an [...]

HOUSTON, TX--(Marketwired - September 19, 2016) - Petrolia Energy Corp.'s (OTC PINK: BBLS) (OTCQB: BBLS) ("Petrolia" or the "Company"), stock will trade on the OTCQB ® Venture Marketplace (OTCQB) beginning tomorrow, September 20, 2016, at 8:30 a.m. Central Daylight Time (9:30 a.m. Eastern Daylight Time). The ticker symbol for Petrolia's stock will remain "BBLS". The Securities and Exchange Commission (SEC) considers [...]

ffective September 2, 2016, Rockdale Resources formally changed its name to Petrolia Energy and is now incorporated in Texas. Following the filing on August 23, 2016, of its Form 10-Q for the period ending June 30, 2016, Petrolia is now current and fully compliant with all Securities and Exchange Commission filings. As a result, Petrolia's filings with the State of Texas, the State of Colorado, Financial Industry [...]

Rockdale Resources recently filed its Form 10-K for the period ended December 31, 2015. 143% Increase in Proved Reserves. As cited in the 10-K, Rockdale's total Proved Reserves (1P) at year-end 2015 were 734,520 barrels of oil, of which 39% are developed. Total Proved Reserves increased 432,620 barrels, or 143%, compared to 310,900 barrels at year-end 2014. The year-over-year increase in Proved Reserves was primarily [...]