Sunset Pacific Petroleum Ltd. announced the delayed to annual financial statements for the year ended December 31, 2018. the Company announced that its annual financial statements, the related management's discussion and analysis and the related officer certifications for the financial year ended December 31, 2018 (collectively, the "Annual Filings") will be delayed beyond the filing deadline of April 30, 2019. The reason for the default in filing the Annual Filings prior to the required deadline is that the Company has insufficient funds to pay for such audit. The Company is still in the process of obtaining funding to finance payment of the audit. Upon receipt of funds and regulatory approval, if required, it will pay the auditor to complete the audit. It is anticipated that the Company will complete the year-end audit by June 15, 2019. Although the Company cannot be certain of timing there is reason to be confident in the audit being completed in this time frame.