RIMOUSKI, QC, Feb. 3 /CNW Telbec/ - Petrolia (PEA : TSX-V) announces, in accordance with its remuneration policy and stock option plan, that the Company's board of directors has granted directors, officers, employees and consultants 1,450,000 stock purchase options that are exercisable at a price of $0.40 per share until February 3, 2011. The Company has granted to a service provider a maximum of 25,000 shares over a period of 5 years, of which 5,000 shares are payable in 2006. The TSX Venture Exchange does not accept any responsibility for the content of this press release as being truthful or accurate.