PetroBakken Energy Ltd.
TSX : PBN

PetroBakken Energy Ltd.

November 17, 2009 19:31 ET

PetroBakken Confirms November 2009 Dividend

CALGARY, ALBERTA--(Marketwire - Nov. 17, 2009) - PetroBakken Energy Ltd. ("PetroBakken") (TSX:PBN) is pleased to announce that our cash dividend for the month of November will be paid on December 15, 2009 to all PetroBakken shareholders of record on November 30, 2009. The November dividend will be $0.08 per PetroBakken share. The ex-dividend date is November 26, 2009.

PetroBakken Energy Ltd. is a premier light oil production company combining high growth, long-life Bakken reserves and production with legacy conventional light oil assets, delivering industry leading operating netbacks, strong cash flows and production growth. PetroBakken has a multi-year inventory of Bakken and light oil development locations, along with significant future development opportunities in the Horn River and Montney gas resource plays in northeast BC. Our strategy is to deliver accretive production and reserves growth, along with an attractive dividend yield.

Contact Information

  • PetroBakken Energy Ltd.
    John D. Wright
    Chairman of the Board and Chief Executive Officer
    (403) 750-4400
    or
    PetroBakken Energy Ltd.
    R. Gregg Smith
    President and Chief Operating Officer
    (403) 750-4400
    or
    PetroBakken Energy Ltd.
    Corey C. Ruttan, Executive Vice President and
    Chief Financial Officer and Director
    (403) 750-4400
    ir@petrobakken.com
    www.petrobakken.com