UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

      Date of Report (date of earliest event reported): April 18, 2018

                                PETROSHARE CORP.
                    -----------------------------------------
             (Exact name of registrant as specified in its charter)

          Colorado                     001-37943               46-1454523
 ---------------------------     --------------------      --------------------
(State or other jurisdiction     (Commission File No.)        (IRS Employer
  of incorporation)                                        Identification No.)

                          9635 Maroon Circle, Suite 400
                               Englewood, CO 80112
                    -----------------------------------------
          (Address of principal executive offices, including Zip Code)

       Registrant's telephone number, including area code: (303) 500-1160


                                       N/A
                    -----------------------------------------
          (Former name or former address if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing  obligation  of  registrant  under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)

[ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17
    CFR 240.14a-12(b))

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the  registrant is an emerging  growth company as
defined in Rule 405 of the Securities  Act of 1933  (ss.203.405 of this chapter)
or Rule  12b-2 of the  Securities  Exchange  Act of 1934  (ss.204.12b-2  of this
chapter.

Emerging growth company [ ]

If an emerging  growth  company,  indicate by check mark if the  registrant  has
elected not to use the extended  transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the
Exchange Act. [ ]

                                       1
<PAGE>

Item 5.02  Departure  of  Directors  or  Certain  Officers;  Election  of
           Directors; Appointment of Certain Officers; Compensatory Arrangements
           of Certain Officers.

     On April 18, 2018, the Company's Board of Directors expanded its membership
from six to nine members and appointed Mr.  Michael Allen,  Mr. Joseph  Drysdale
and Mr. Cullen Schaar as directors.  The newly appointed Directors will serve in
their positions until the next annual meeting of the Company's  shareholders and
until their  successors  are elected and  qualified,  or until they are removed.
These new  directors  were  appointed  pursuant  to the terms of a Secured  Term
Credit Agreement described in the Company's 8-K report filed with the Securities
and Exchange Commission on February 7, 2018.

Michael Allen

Mr. Allen is the President of Providence  Energy Corp.,  an independent  oil and
gas investment company he founded in 1993. Mike is a certified public accountant
and started his career in Dallas with Ernst and Ernst, followed by 11 years with
Headington  Oil  Company.  Providence  Energy  Corp.  is and has been  active in
various aspects of the energy  industry,  including  exploration and production,
upstream and midstream  ventures,  and the ownership and  management of oil, gas
and other minerals. Mike has been on several for profit and/or non-profit boards
over the past decades.

Joseph Drysdale

Joseph  Drysdale is a co-founder  and  managing  partner of Fifth  Partners,  an
investment firm focused on leadership development. He is involved in all aspects
of growth and management of the firm and has direct  responsibility  for Fifth's
Energy  and Real  Estate  platforms.  Mr.  Drysdale  has 15 years of  experience
building  and  investing


Cullen Schaar

Cullen Schaar is Executive Vice President of Indigena  Capital,  a merchant bank
focused on investing in  partnerships  with Tribal  Nations in the United States
and First Nations, Inuit and Metis peoples in Canada. Mr. Schaar has 11 years of
experience  making  private equity  investments  on behalf of Indigena  Capital,
Providence Energy Corp.,  Leucadia National  Corporation,  and Jefferies Capital
Partners. He has broad experience making control and non-control  investments in
multiple commercial sectors including specialty finance, distribution, logistics
and  transportation,  and business  services.  Mr. Schaar currently serves as an
independent  director of Epic Gas Ltd., a Singapore and  London-based  liquefied
petroleum gas shipping business.  He holds a B.A. from the Plan II program and a
B.B.A. in Finance from The University of Texas at Austin.

Each new board member will receive a quarterly  director's  fee in the amount of
$6,000, as well as a one time grant of 25,000 shares of the Company's restricted
common stock and options to purchase 25,000 shares of the Company' common stock.
The options may be  exercised  at any time on or before  December  31, 2022 at a
price of $1.23 per share.

                                       2
<PAGE>

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date: April 23, 2018.
                                    PETROSHARE CORP.


                                    By:  /s/ Paul D. Maniscalco
                                         -----------------------------------
                                        Paul D. Maniscalco, Chief Financial
                                        Officer














                                       3
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{"company-data": {"conformed-name": "PetroShare Corp.", "cik": "0001568079", "assigned-sic": "1311", "irs-number": "461454523", "state-of-incorporation": "CO", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-213113", "film-number": "18769875"}, "business-address": {"street1": "9635 MAROON CIRCLE", "street2": "SUITE 400", "city": "ENGLEWOOD", "state": "CO", "zip": "80112", "phone": "(303) 500-1169"}, "mail-address": {"street1": "9635 MAROON CIRCLE", "street2": "SUITE 400", "city": "ENGLEWOOD", "state": "CO", "zip": "80112"}}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

      Date of Report (date of earliest event reported): April 18, 2018

                                PETROSHARE CORP.
                    -----------------------------------------
             (Exact name of registrant as specified in its charter)

          Colorado                     001-37943               46-1454523
 ---------------------------     --------------------      --------------------
(State or other jurisdiction     (Commission File No.)        (IRS Employer
  of incorporation)                                        Identification No.)

                          9635 Maroon Circle, Suite 400
                               Englewood, CO 80112
                    -----------------------------------------
          (Address of principal executive offices, including Zip Code)

       Registrant's telephone number, including area code: (303) 500-1160

                                       N/A
                    -----------------------------------------
          (Former name or former address if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing  obligation  of  registrant  under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)

[ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17
    CFR 240.14a-12(b))

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the  registrant is an emerging  growth company as
defined in Rule 405 of the Securities  Act of 1933  (ss.203.405 of this chapter)
or Rule  12b-2 of the  Securities  Exchange  Act of 1934  (ss.204.12b-2  of this
chapter.

Emerging growth company [ ]

If an emerging  growth  company,  indicate by check mark if the  registrant  has
elected not to use the extended  transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the
Exchange Act. [ ]

                                       1
Item 5.02  Departure  of  Directors  or  Certain  Officers;  Election  of
           Directors; Appointment of Certain Officers; Compensatory Arrangements
           of Certain Officers.

     On April 18, 2018, the Company's Board of Directors expanded its membership
from six to nine members and appointed Mr.  Michael Allen,  Mr. Joseph  Drysdale
and Mr. Cullen Schaar as directors.  The newly appointed Directors will serve in
their positions until the next annual meeting of the Company's  shareholders and
until their  successors  are elected and  qualified,  or until they are removed.
These new  directors  were  appointed  pursuant  to the terms of a Secured  Term
Credit Agreement described in the Company's 8-K report filed with the Securities
and Exchange Commission on February 7, 2018.

Michael Allen

Mr. Allen is the President of Providence  Energy Corp.,  an independent  oil and
gas investment company he founded in 1993. Mike is a certified public accountant
and started his career in Dallas with Ernst and Ernst, followed by 11 years with
Headington  Oil  Company.  Providence  Energy  Corp.  is and has been  active in
various aspects of the energy  industry,  including  exploration and production,
upstream and midstream  ventures,  and the ownership and  management of oil, gas
and other minerals. Mike has been on several for profit and/or non-profit boards
over the past decades.

Joseph Drysdale

Joseph  Drysdale is a co-founder  and  managing  partner of Fifth  Partners,  an
investment firm focused on leadership development. He is involved in all aspects
of growth and management of the firm and has direct  responsibility  for Fifth's
Energy  and Real  Estate  platforms.  Mr.  Drysdale  has 15 years of  experience
building  and  investing

Cullen Schaar

Cullen Schaar is Executive Vice President of Indigena  Capital,  a merchant bank
focused on investing in  partnerships  with Tribal  Nations in the United States
and First Nations, Inuit and Metis peoples in Canada. Mr. Schaar has 11 years of
experience  making  private equity  investments  on behalf of Indigena  Capital,
Providence Energy Corp.,  Leucadia National  Corporation,  and Jefferies Capital
Partners. He has broad experience making control and non-control  investments in
multiple commercial sectors including specialty finance, distribution, logistics
and  transportation,  and business  services.  Mr. Schaar currently serves as an
independent  director of Epic Gas Ltd., a Singapore and  London-based  liquefied
petroleum gas shipping business.  He holds a B.A. from the Plan II program and a
B.B.A. in Finance from The University of Texas at Austin.

Each new board member will receive a quarterly  director's  fee in the amount of
$6,000, as well as a one time grant of 25,000 shares of the Company's restricted
common stock and options to purchase 25,000 shares of the Company' common stock.
The options may be  exercised  at any time on or before  December  31, 2022 at a
price of $1.23 per share.

                                       2
SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date: April 23, 2018.
                                    PETROSHARE CORP.

                                    By:  /s/ Paul D. Maniscalco
                                         -----------------------------------
                                        Paul D. Maniscalco, Chief Financial
                                        Officer

                                       3