SEC FORM 4/A

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Oppenheim Joel Martin

(Last)

(First)

(Middle)

2035 SUL ROSS STREET

(Street)

HOUSTON

77098

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Petrolia Energy Corp [ BBLS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2016

4. If Amendment, Date of Original Filed (Month/Day/Year)
06/16/2017

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/12/2016	09/12/2016⁽¹⁾	A		250,000⁽²⁾	A	$0.08	950,000	D
Common Stock	12/07/2016	12/07/2016	C		300,000⁽³⁾	A	$0.08	1,250,000	D
Common Stock	05/26/2017	06/02/2017	A		20,000⁽⁴⁾	A	$0.12	1,270,000⁽⁴⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Warrant	$0.08	12/07/2016	11/14/2016	C			300,000⁽³⁾	08/18/2016	08/18/2019	Common Stock	300,000⁽³⁾	$0	1,767,500⁽³⁾	D
Warrant	$0.12	05/23/2017	05/23/2017	P		500,000⁽⁵⁾		05/23/2017	05/23/2020	Common Stock	500,000⁽⁵⁾	$0	2,267,500⁽⁵⁾	D
Warrant	$0.2	05/26/2017	06/06/2017	P		270,000⁽⁶⁾		06/06/2017	06/06/2020	Common Stock	270,000⁽⁶⁾	$0	2,537,500⁽⁶⁾	D

Explanation of Responses:

1. The original Form 4 indicated an earliest transaction date of 06/06/2017, it should have been 09/12/16.

2. The original Form 4 filed on 06/16/2017 inadvertently omitted reporting the acquisition of Common Stock as compensation for the conversion of debt held by Mr. Oppenheim in a transaction approved by the board in September 2016 and was disclosed in the 2016 3Q 10-Q filing.

3. The original Form 4 filed on 06/16/2017 inadvertently omitted reporting the acquisition of Common Stock through the exercising of Warrants previously issued on 08/18/2016 as part of his 2016 Directors Compensation and was disclosed in the 2016 3Q 10-Q filing.

4. The original Form 4 filed on 06/16/2017 erroneously reported that the Amount of Securities Beneficially Owned following the as 37,590 common shares. The correct number is 1,270,000 common shares after the included transactions disclosed in this filing.

5. The original Form 4 filed on 06/16/2017 erroneously reported that the Amount of Securities Beneficially Owned following the as 770,000 warrants. The correct number is 2,267,500 warrants.

6. The original Form 4 filed on 06/16/2017 erroneously reported that the Amount of Securities Beneficially Owned following the as 270,000 warrants. The correct number is 2,537,500 warrants.

Remarks:

All other line items previously reported on the original Form 4 have been omitted from this Form 4/A as they have not changed.

	/s/ Joel M Oppenheim	02/13/2018
	** Signature of Reporting Person	Date
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