SEC FORM 4

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^*

Khan Zel C

(Last)

(First)

(Middle)

7941 KATY FREEWAY

SUITE 522

(Street)

HOUSTON

77024

(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
X	Officer (give title below)	Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2018

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

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⁽¹⁾	11/13/2018		A		625,000	A	$0.08	43,592,053	I	Jovian Petroleum Corporation

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⁽²⁾	$0.1	03/31/2018		P		250,000		03/31/2018	03/31/2020	Common Stock	250,000	$0.1	11,360,000	D
Warrant⁽²⁾	$0.1	06/30/2018		P		250,000		06/30/2018	06/30/2020	Common Stock	250,000	$0.1	11,610,000	D
Warrant⁽²⁾	$0.1	09/30/2018		P		250,000		09/30/2018	09/30/2020	Common Stock	250,000	$0.1	10,960,000	D
Warrant⁽¹⁾	$0.1	11/02/2018		P		1,250,000		11/01/2018	11/01/2020	Common Stock	1,250,000	$0.1	12,210,000	I	Jovian Petroleum Corporation
Warrant⁽²⁾	$0.1	12/31/2018		P		250,000		12/31/2018	12/31/2020	Common Stock	250,000	$0.1	12,460,000	D
Warrant⁽³⁾⁽⁴⁾	$0.1	03/31/2019		P		250,000		03/31/2019	03/31/2021	Common Stock	250,000	$0.1	12,620,000	D

Explanation of Responses:

1. Jovian Petroleum Corporation participated in the PPM#4, in which 625,000 Shares were issued at $0.08/share and an associated 1,250,000 Warrants at $0.10/share if exercised. The transaction had an aggregate amount of $50,000.

2. Mr. Khan receives a 250,000-warrant issuance quarterly as part of his compensation 2018 compensation package for his service on the Board; exercisable for 24 months.

3. Mr. Khan receives a 250,000-warrant issuance quarterly as part of his compensation 2019 compensation package for his service on the Board; exercisable for 24 months.

4. Mr. Khan, directly and indirectly had a series of warrants expire in 2018, this is reflected in the number of reported derivative securities reported on this form.

	/s/ Zel C Khan	05/07/2019
	** Signature of Reporting Person	Date
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