Oronova Energy Inc. has been advised by Advantage Energy Services Ltd. ("Advantage") and its affiliated company 12136983 Alberta Ltd. ("2136983") that the joint venture previously reported on November 20, 2018 for an undivided 50% working interest in certain producing and non-producing oil and gas assets and certain oil and gas plant and facility assets in the Province of Alberta (the "Joint Venture") is intended to close before December 31, 2018, subject To Approve the TSX Venture Exchange. Upon completion of the Financing and the closing of the Joint Venture, Oronova will acquire all of the issued and outstanding shares of 2136983 from Advantage in exchange for 10 million common shares of the Company. The following members of the Advantage professional oil and gas team will become the officers, directors and management of Oronova, subject To Approve the TSX Venture Exchange.

Earl Hickok, President, C.E.O. and Director: Mr. Hickok is a professional engineer and has over 35 years of experience in the upstream oil and gas industry with a broad base of operations, engineering, management and board of directors' experience. Brian Smart, C.O.O. and Director: Mr. Smart has over 35 years of expertise in the field of reservoir engineering, with particular focus on enhanced oil recovery implementation and surveillance, formation evaluation, regulatory applications, economics, reserves and portfolio management. Darol Turnquist, Vice President, Exploration: Mr. Turnquist has over 35 years of experience in the exploration and development of oil and gas reserves.

Nigel Mills, Vice President, Operations: Nigel has over 25 years' experience in production optimization. Brian J. Evans, Chairman, Board of Directors: He left Miller Thomson LLP to join the Werklund Group in August of 2006.