exhibit 10. 1 petrolia energy corporation best efforts, no minimum offering private placement offering to accredited investors of series c convertible preferred stock november 2021 houston, texas the following information is provided to you as an accredited or offshore investor who has indicated an interest in investing in these securities. in addition, the officers and directors of petrolia energy corporation ( the “ company ” ) are available to answer questions and provide additional information you may request. however, first and foremost be advised that these securities involve a high degree of risk. financial condition - the company has been operating at a financial loss due to limited oil production, current liabilities and debt repayment obligations. however, since the company ’ s purchase of a 50 % working interest in the utikuma lake field in alberta, canada, we have added an estimated 250 barrels of oil equivalent per day ( boepd ) of net production. the current monthly cash generated, and the future monetization of the utikuma lake asset are important factors in the future of the company. the current co - owner and operator of the field is blue sky resources ( bsr ), a company controlled by zel khan ’ s ( the company ’ s former ceo ) father. we have retained canadian counsel and are pursuing our options to ensure that we are paid our share of monthly production. a current report on form 8 - k relating to the loss of our twin lakes field ownership was filed with the securities and exchange commission as of october 25, 2021 ( available at https : / / www. sec. gov / archives / edgar / data / 1368637 / 000149315221026222 / form8 - k. htm ) and should be read in detail. prior management did not inform the board about the impending loss of the field during the entire period they were receiving direct communication from the new mexico authorities about the matter. an additional form 8 - k has been filed that describes the super majority voting series b preferred stock that has been issued, which is available at https : / / www. sec. gov / archives / edgar / data / 1368637 / 000149315221026224 / form8 - k. htm. we are currently deficient in our periodic filings with the securities and exchange commission and our common stock is not eligible for proprietary broker - dealer quotations on otc markets group and such quotations are currently restricted from public viewing. as such, there is no