Notification That Annual Report Will Be Submitted Late (nt 10-k)
March 27 2018 - 5:13PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check
One):
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☒ Form
10-K ☐ Form 20-F ☐ Form 11-K
☐ Form 10-Q ☐ Form 10-D ☐ Form N-SAR
☐ Form
N-CSR
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For Period Ended: December
31, 2017
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☐ Transition Report on Form 10-K
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☐ Transition Report on Form 20-F
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☐ Transition Report on Form 11-K
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☐ Transition Report on Form 10-Q
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☐ Transition Report on Form N-SAR
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For the Transition Period Ended: ____________________
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Nothing
in this form shall be construed to imply that the Commission has verified any information contained herein.
If
the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates:
PART
I -- REGISTRANT INFORMATION
Petrolia
Energy Corporation
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Full Name of Registrant
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Former Name if Applicable
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710
N. Post Oak Rd., Ste. 512
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Address of Principal Executive Office (Street
and Number)
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Houston,
Texas 77024
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City, State and Zip Code
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PART
II -- RULES 12b-25(b) AND (c)
If
the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed. (Check box if appropriate.)
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(a)
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The
reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
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☒
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(b)
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The subject annual
report, semi-annual report, transition report on Form 10-K, 20-F, 11-K, or Form N-CSR, or portion thereof, will be filed on
or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report
on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
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(c)
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The accountant's
statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
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PART
III -- NARRATIVE
State
below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report portion thereof,
could not be filed within the prescribed time period.
The
Registrant's Annual Report on Form 10-K for the period ended December 31, 2017, cannot be filed within the prescribed
time period because the Registrant is experiencing delays in the compilation of certain financial and other information required
to be included in the Form 10-K due to the completion of its recent business combination with Bow Energy Ltd and resources expended
in connection with such combination during the current quarter. The Registrant intends to file the Annual Report
on Form 10-K on or before the fifteenth calendar day following the prescribed due date.
PART
IV -- OTHER INFORMATION
(1)
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Name and telephone number
of person to contact in regard to this notification
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Tariq
Chaudhary
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832
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941-0011
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(Name)
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(Area Code)
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(Telephone Number)
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(2)
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Have
all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required
to file such report(s) been filed? If the answer is no, identify report(s).
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Yes ☒ No ☐
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(3)
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Is it anticipated
that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected
by the earnings statements to be included in the subject report or portion thereof?
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Yes ☐ No ☒
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If so, attach an
explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
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Petrolia
Energy Corporation
(Name
of Registrant as Specified in Charter)
has
caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: March 27,
2018
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By:
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/s/
Tariq Chaudhary
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Tariq Chaudhary
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CFO
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