diff --git a/stable/odoo/Chart.yaml b/stable/odoo/Chart.yaml
index 25ca84d2ee..d980ae9728 100644
--- a/stable/odoo/Chart.yaml
+++ b/stable/odoo/Chart.yaml
@@ -1,6 +1,6 @@
 name: odoo
-version: 0.7.0
-appVersion: 11.0.20180104
+version: 0.7.1
+appVersion: 11.0.20180112
 description: A suite of web based open source business apps.
 keywords:
 - odoo
diff --git a/stable/odoo/OWNERS b/stable/odoo/OWNERS
new file mode 100644
index 0000000000..0d4d6f1291
--- /dev/null
+++ b/stable/odoo/OWNERS
@@ -0,0 +1,8 @@
+approvers:
+- prydonius
+- tompizmor
+- sameersbn
+reviewers:
+- prydonius
+- tompizmor
+- sameersbn
diff --git a/stable/odoo/values.yaml b/stable/odoo/values.yaml
index 72b1e18fef..6a60ffc695 100644
--- a/stable/odoo/values.yaml
+++ b/stable/odoo/values.yaml
@@ -1,7 +1,7 @@
 ## Bitnami Odoo image version
 ## ref: https://hub.docker.com/r/bitnami/odoo/tags/
 ##
-image: bitnami/odoo:11.0.20180104-r0
+image: bitnami/odoo:11.0.20180112-r0
 
 ## Specify a imagePullPolicy
 ## ref: http://kubernetes.io/docs/user-guide/images/#pre-pulling-images