On July 5, 2016, the Board of Directors of PetroShare Corp. expanded its membership from five to six members and appointed Douglas R. Harris to fill the vacancy created by the increase. Mr. Harris will serve in that position until the next annual meeting of the company’s shareholders and until his successor is elected and qualified, or until he is removed. Mr. Harris has over 38 years of experience in the oil and gas industry. Most recently, he is the founder and chief operating officer of Axia Energy II, LLC.