Rodinia Oil Corp. Announces Statement Concerning Share Price Movement

    




 CALGARY, Feb. 15, 2012 /CNW/ -  - Following today's trading halt by Investment Industry Regulatory  Organization of Canada ("IIROC"), Rodinia Oil Corp. ("Rodinia")  confirms that it is unaware of any undisclosed material changes  pertaining to Rodinia that would account for the recent increase in  market activity and the rise in its share price on the TSX Venture  Exchange. 

 Rodinia currently has working capital of approximately $6.0 - $10.0  million (inclusive of its current investment in PetroFrontier ), depending on the outcome of its ongoing joint venture dispute  resolution process. 

 Rodinia's ability to finance its future operations is dependent upon its  ability to obtain new sources of financing. 

 About Rodinia Oil Corp. 

 Rodinia is an international oil and gas exploration corporation.  The  Common Shares and Warrants are listed for trading on the TSX Venture  Exchange under the symbols "ROZ" and "ROZ.WT" respectively.  Rodinia is  engaged in the exploration, acquisition and development of petroleum  and natural gas assets in Australia's Officer Basin. Founded in 2006,  Rodinia has access to large tracts of exploratory lands and is one of  the first companies to undertake exploration in the Officer Basin.  Rodinia has offices in Calgary, Alberta and Adelaide, South Australia. 

 Forward-Looking Statements  

 This press release may contain forward-looking information that involves  substantial known and unknown risks and uncertainties, most of which  are beyond the control of Rodinia, including, without limitation,  statements pertaining to Rodinia's future operations and sources of  capital.  All statements included herein, other than statements of  historical fact, are forward-looking information and such information  involves various risks and uncertainties.  There can be no assurance  that such information will prove to be accurate, and actual results and  future events could differ materially from those anticipated in such  information.  A description of assumptions used to develop such  forward-looking information and a description of risk factors that may  cause actual results to differ materially from forward-looking  information can be found in Rodinia's disclosure documents on the SEDAR  website at www.sedar.com.  Any forward-looking statements are made as of the date of this  release and, other than as required by applicable securities laws,  Rodinia does not assume any obligation to update or revise them to  reflect new events or circumstances. 

 Neither the TSX Venture Exchange nor its Regulation Services Provider  (as that term is defined in the policies of the TSX Venture Exchange)  accepts responsibility for the adequacy or accuracy of this release.  

Rodinia Oil Corp.


CONTACT:  Rodinia Oil Corp.Suite 320, 715 - 5 Ave. S.W.Calgary, Alberta, Canada T2P 2X6Telephone: [phone]Toll Free: [phone]Fax: [phone]Email: [e-mail]: www.rodiniaoil.com 


    

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