Petrolia SE (OB:PSE) acquired 71.6% stake in Co2 Management AS from Independent Oil & Resources Plc (OTCNO:IOTA), Increased Oil Recovery AS and Time Critical Petroleum Resources AS for NOK 3.7 million on March 10, 2021. Petrolia SE acquired 19.2% stake from Independent Oil & Resources Plc and 26.2% stake from each of ), Increased Oil Recovery AS and Time Critical Petroleum Resources AS.

Petrolia SE (OB:PSE) completed the acquisition of 71.6% stake in Co2 Management AS from Independent Oil & Resources Plc (OTCNO:IOTA), Increased Oil Recovery AS and Time Critical Petroleum Resources AS on March 10, 2021.