RIMOUSKI, QUÉBEC--(Marketwire - Feb. 17, 2012) - Petrolia (TSX VENTURE:PEA) is glad to appear at the top ranking of strong performers on TSX Venture in the Oil and Gas category which includes more than 280 oil and gas companies.

This "TSX Venture 50" for 2012, established by the TSX Venture Exchange, includes the 10 top performers in each of the following activity sectors: Mining, Oil and Gas, Diversified Industries, Clean Technology and Technology and Life Sciences. In establishing this ranking of the 2250 registered companies, the Exchange assigns equal weighting to market capitalization growth, share price appreciation, trading volume and analyst coverage.

About Pétrolia

Pétrolia is a junior oil and gas exploration company which owns interests in oil and gas licenses covering 14,000 km² (3.5 million acres), which represents about 17% of the Québec territory under lease. The leases, the majority of which are located on the Gaspé Peninsula and Anticosti Island, are considered to be very promising and represent almost 70% of the territory under lease for which there is land-based oil potential in Québec. Pétrolia has 53.8 million shares issued and outstanding.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Isabelle Proulx
Quebec City: (418) 657-1966

Andre Proulx
(418) 724-0112