On October 31, 2018, Tariq Chaudhary, who had served as the Chief Financial Officer of Petrolia Energy Corporation since January 16, 2018, tendered his resignation as Chief Financial Officer, effective immediately. Effective on October 31, 2018, Horacio Alfredo Fernandez was appointed as the interim Chief Financial Officer of the Company to fill the vacancy left by Mr. Chaudhary's resignation. Mr. Fernandez has over 35 years of experience working in the accounting and financial field, working with private, and public U.S. companies, and multi-jurisdictional public companies.

Mr. Fernandez has served as the controller of the Company since 2015. Prior to joining the Company, Mr. Fernandez served as Controller of Rhino Offshore LLC from January 2010 to April 2015. On October 17, 2018, Quinten Beasley, a member of the Board of Directors of the company tendered his resignation to the Board, effective October 31, 2018.

Effective on October 31, 2018, the Board of Directors of the company appointed Richard Dole to the Board of Directors to fill the vacancy created by Mr. Beasley's resignation. The Board of Directors determined that Mr. Dole was “independent”. Mr. Dole has served as Chief Executive Officer of RDD Consulting, LLC since April 2015, which entity advises energy related companies on strategic and financial options.

Mr. Dole also served as Chairman, President and CEO of Petrosearch Energy Corporation from 2004 until August 2014, when Petrosearch was merged with Double Eagle. He served on the Board of Directors; served as a member of the Board's Audit Committee and as a designated financial expert of Westport Resources Corporation from March 2000, until Westport was merged into Kerr McGee Corp. in 2004.