The Board of Directors of Rodinia Oil Corp. said that the company will begin the process to identify, examine and consider strategic alternatives for the company to enhance shareholder value. The strategic alternatives might include sale, farm out or joint venture of all or a portion of the assets of Rodinia, merger or other business combination of Rodinia with another entity and recapitalization of Rodinia as a whole or any combination thereof.

Rodinia's Board of Directors set up a special committee to assist in the evaluation of alternatives.