Petrobank is pleased to announce second quarter 2010 financial and operating results highlighted by funds flow from operations of $3.12 per diluted share and net income of $0.35 per diluted share.
PETROBANK ANNOUNCES WEBCAST DETAILS FOR ANNUAL AND SPECIAL MEETING ON MAY 26, 2010
Petrobank Energy and Resources Ltd. is pleased to provide the webcast link for our upcoming annual and special meeting of shareholders.
PETROBANK REPORTS Q1 2010 NET INCOME OF $82.5 MILLION AND PROVIDES PROGRESS UPDATE FOR HEAVY OIL BUSINESS UNIT
Petrobank Energy and Resources Ltd. is pleased to announce first quarter 2010 financial and operating results highlighted by funds flow from operations of $3.14 per diluted share and net income of $0.76 per diluted share. We are also pleased to provide an operational update for our Heavy Oil Business Unit where progress continues on our Kerrobert, Conklin and May River projects.
PETROBANK, PETROMINERALES AND PETROBAKKEN ANNOUNCE EXECUTIVE APPOINTMENTS
Petrobank Energy and Resources Ltd. Petrominerales Ltd. and PetroBakken Energy Ltd. are pleased to announce executive appointments in each of the Petrobank Group of Companies.
PETROBANK NOTEHOLDERS CONVERT 100% OF OUTSTANDING CONVERTIBLE NOTES
Petrobank Energy and Resources Ltd. is pleased to announce that all holders (“Noteholders”) of Petrobank’s convertible notes (“Notes”) due July 10, 2015 have converted their Notes to common shares of Petrobank in accordance with such Noteholders’ existing conversion right and the previously announced early conversion period (“Early Conversion Period”). The amount of Notes converted to common shares pursuant to the Early Conversion Period represents 100% of the previously outstanding Notes. An aggregate of US$27.4 million was paid and 3.9 million common shares of Petrobank were issued to Noteholders in connection with the Early Conversion Period.





