Petrolia Energy Corporation (OTCMKTS:BBLS) Files An 8-K Other EventsItem 8.01 Other Events
On May 21, 2018, the Board of Directors of Petrolia Energy Corporation (the “Company”)adopted charters of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board of the Directors (collectively, the “Committees”), copies of which are filed herewith asExhibits 99.1, 99.2 and 99.3, respectively.
On the same date, the Board of Directors appointed the following members of the Board of Directors to the Committees:
Compensation Committee
Chairman: Joel Oppenheim
Member: Saleem Nizami
Audit Committee
Chairman: Leo Womack
Members: Joel Oppenheim and Saleem Nizami
Nominating and Corporate Governance Committee
Chairman: Ivar Siem
Member: Leo Womack
The Board of Directors also adopted the Whistleblower Protection Policy, a copy of which is attached hereto asExhibit 14.1, on May 21, 2018.
Item 9.01 Financial Statements and Exhibits
| Exhibit No. | Description |
| 14.1* | Whistleblower Protection Policy |
| 99.1* | Charter of the Audit Committee |
| 99.2* | Charter of the Compensation Committee |
| 99.3* | Charter of the Nominating and Corporate Governance Committee |
* Filed herewith.
Petrolia Energy Corp ExhibitEX-14.1 2 ex14-1.htm WHISTLEBLOWER PROTECTION POLICY Petrolia Energy Corporation 8-K Exhibit 14.1 PETROLIA ENERGY CORPORATION WHISTLEBLOWER PROTECTION POLICY I. INTRODUCTION Petrolia Energy Corporation (the “Company”) is committed to providing a workplace that is conducive to open discussion of its business practices. It is Company policy to comply with all applicable laws,…To view the full exhibit click here
About Petrolia Energy Corporation (OTCMKTS:BBLS)
Petrolia Energy Corporation, formerly Rockdale Resources Corporation, is a domestic oil exploration and production company. The Company focuses on new oil wells in established areas of oil production. It is focused on acquisitions in the Southwest United States. The Company’s core area of operations is in the Minerva-Rockdale Field in Rockdale, Texas. The Company’s lease position offers the potential for approximately 100 new drilling locations. The Minerva-Rockdale Field is located approximately 30 miles Northeast of Austin and approximately 50 square miles in size. The main producing formation for this field is the Upper Cretaceous Navarro Group of sands and shale’s. The Company’s Slick Unit Dutcher Sands (SUDS) Field consists of approximately 2,600 acres located in Creek County, Oklahoma. Twin Lakes San Andres Unit (TLSAU) Field is approximately 50 miles from Roswell, Chavez County, New Mexico and consists of approximately 4,870 acres with over 130 wells.
