Petrichor Announces Change to Board of Directors

Vancouver, British Columbia--(Newsfile Corp. - December 21, 2016) - Petrichor Energy Inc. (FSE: YQN) (TSXV: PTP) (the "Company" or "PTP") announces that it has appointed Andre Proulx to the Board of Directors, who will take the place of Richard Switzer who has resigned. The Board thanks Mr. Switzer for his service as a director for the past ten years.

Mr. Proulx is a founder of and served as President of Petrolia Oil Corp. from January 2002 to September 17, 2013. He also acted as President and CEO of Puma Exploration Inc. until September 16, 2010, and currently acts as Chairman of Stelmine Canada Ltd. since December 1, 2016. André holds a Master's Degree in Ethnology from Laval University obtain in 1974.

The Company welcomes the expertise that Mr. Proulx will bring to its Board of Directors.

For clarification, the officers and directors of the Company are now as follows:

Joe DeVries, President, CEO and Director
Richard Barnett, Secretary, CFO and Director
Jurgen Wolf, Director
Andre Proulx, Director

ON BEHALF OF THE BOARD

SIGNED: "Joe DeVries"

Joe DeVries, Chief Executive Officer
Contact for further information: (604) 336-8615

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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