The amount was not made public.

Petrolia has been embroiled in a dispute with the Quebec government over exploratory oil and gas drilling on Anticosti Island, with a judge ruling in July the province and a private firm didn't have to give the company nearly $13 million.

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Superior Court Justice Martin Castonguay did state, however, that Ressources Quebec, a subsidiary of Investissement Quebec, and Saint Aubin must contribute money until next May to enable Petrolia to maintain certain jobs on Anticosti Men Canada Goose Freestyle Vest Spirit Nz Island.

Petrolia (TSX V:PEA) has named Martin Belanger as interim CEO. He has been a member of the board of directors for nearly two years and has worked extensively in the oil and gas industry for the past 24 years.

Petrolia and Corridor Resources yielded their exploration permits for Anticosti Island in 2014 in exchange for promised investment. That deal was reached under the previous Parti Quebecois government.

´╗┐Alexandre Gagnon stepping down as Petrolia CEO