Petrobank Energy and Resources Ltd.
TSX : PBG

Petrobank Energy and Resources Ltd.

March 04, 2009 18:19 ET

Petrobank 2008 Reserves Conference Call

CALGARY, ALBERTA--(Marketwire - March 4, 2009) - Petrobank Energy and Resources Ltd. ("Petrobank") (TSX:PBG) is pleased to announce that management will hold a conference call on Thursday, March 5, 2009 at 9:00am (Mountain Time) to discuss Petrobank's reserves results for the year ending December 31, 2008, which are expected to be announced prior to markets opening on March 5, 2009.

John D. Wright, President and Chief Executive Officer of Petrobank, along with Chris J. Bloomer, Senior Vice President and Chief Operating Officer, Heavy Oil, Corey C. Ruttan, Senior Vice President and Chief Financial Officer and Gregg Smith, Senior Vice President and Chief Operating Officer, Canada, will chair the investor conference call. The investor conference call details are as follows:



Date: Thursday, March 5, 2009
Time: 9:00am (Mountain Time)
Webcast Link:
http://events.onlinebroadcasting.com/petrobank/030509/index.php
Dial-in Number: 1-800-769-8320
Taped Re-play: 1-416-695-5800 or 1-800-408-3053
Reference Number: 8832083
Available until: March 12, 2009


Petrobank Energy and Resources Ltd.

Petrobank Energy and Resources Ltd. is a Calgary-based oil and natural gas exploration and production company with operations in western Canada and Colombia. The Company operates high-impact projects through three business units and a technology subsidiary. The Canadian Business Unit is focused on developing a solid production platform from the Bakken light oil play in southeast Saskatchewan, and exploiting a large undeveloped land base through the application of new technology to large oil and gas resource opportunities. The Latin American Business Unit, operated by Petrobank's 76.5% owned TSX-listed subsidiary, Petrominerales Ltd. (TSX:PMG), is a Latin American-based exploration and production company producing oil in Colombia with 16 exploration blocks covering a total of 1.9 million acres in the Llanos and Putumayo Basins of Colombia and 2.6 million acres in the Ucayali Basin of Peru. Whitesands Insitu Partnership, a partnership between Petrobank and its wholly-owned subsidiary Whitesands Insitu Inc., owns 75 net sections of oil sands leases in Alberta, 36 sections of oil sands licenses in Saskatchewan and operates the Whitesands project which is field-demonstrating Petrobank's patented THAI™ heavy oil recovery process. THAI™ is an evolutionary in-situ combustion technology for the recovery of bitumen and heavy oil that integrates existing proven technologies and provides the opportunity to create a step change in the development of heavy oil resources globally. THAI™ and CAPRI™ are registered trademarks of Archon Technologies Ltd., a wholly-owned subsidiary of Petrobank.

Contact Information

  • Petrobank Energy and Resources Ltd.
    John D. Wright
    President and Chief Executive Officer
    (403) 750-4400
    or
    Petrobank Energy and Resources Ltd.
    Chris J. Bloomer
    Senior Vice President and Chief Operating Officer, Heavy Oil
    (403) 750-4400
    or
    Petrobank Energy and Resources Ltd.
    Corey C. Ruttan
    Vice President Finance and Chief Financial Officer
    (403) 750-4400
    or
    Petrobank Energy and Resources Ltd.
    Gregg Smith
    Senior Vice President and Chief Operating Officer, Canada
    (403) 750-4400
    or
    Petrobank Energy and Resources Ltd.
    Suite 2600, 240 - 4th Avenue S.W.
    Calgary, Alberta T2P 4H4
    Email: ir@petrobank.com
    Website: www.petrobank.com