Pétrolia Inc. announced that it has closed the Anticosti transaction. The closing of this transaction has resulted in the creation of a limited partnership that will own and operate the interests on Anticosti Island that were previously held by Pétrolia and Corridor Resources Inc. The following is a list of the limited partners and their ownership percentages: Ressources Québec holds 35% of participation, Pétrolia Inc. holds 21.7% of participation, Corridor Resources Inc. holds 21.7% of participation and Saint-Aubin E&P (Québec) Inc. holds 21.7% percentage of participation in limited partnership.

The board of directors of the general partnership is composed of one member appointed by each partner. The limited partners shall also choose an independent director in the next few weeks. Mr. Myron Tétreault will be the director appointed by Pétrolia. The board of directors has established an Operations Committee to supervise ongoing work of the Partnership, which committee will be chaired by Mr. Alexandre Gagnon, Executive Vice-President of Pétrolia, as well as an advisory Technical Committee which will be chaired by Mr. Gildas Collin, Pétrolia's Chief Operating Officer. The partnership has also established a Health, Safety and Environmental Committee and a Local Acceptability Committee. These committees are composed of an equal number of representatives from each partner.