Petrobank Energy and Resources Ltd.
TSX : PBG
OSLO STOCK EXCHANGE : PBG

Petrobank Energy and Resources Ltd.

August 11, 2008 14:36 ET

Petrobank to Hold Second Quarter Conference Call

CALGARY, ALBERTA--(Marketwire - Aug. 11, 2008) - Petrobank Energy and Resources Ltd. ("Petrobank") (TSX:PBG) (OSLO:PBG) is pleased to announce that management of Petrobank will hold a conference call on Thursday, August 14, 2008 at 11:00am (Mountain Time) to discuss Petrobank's second quarter financial and operating results. Results for the second quarter of 2008 are expected to be released Wednesday, August 13, 2008 after the market closes. John D. Wright, President and Chief Executive Officer of Petrobank, along with Chris J. Bloomer, Vice President Heavy Oil, Corey C. Ruttan, Vice President Finance and Chief Financial Officer and Gregg Smith, Vice President, Canada, will chair the investor conference call. The investor conference call details are as follows:



Date: Thursday, August 14, 2008
Time: 11:00am (Mountain Time)
Dial-in Number: 416-641-6105 or 1-866-862-3927

Taped Re-play: 416-695-5800 or 1-800-408-3053
Reference Number: 3268029
Available until: August 21, 2008


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 developing a solid production platform from low risk gas opportunities in central Alberta and an extensive inventory of Bakken light oil locations in southeast Saskatchewan, complemented by new exploration projects and a large undeveloped land base. The Latin American Business Unit, operated by Petrobank's 76.2% owned TSX-listed subsidiary, Petrominerales Ltd. (trading symbol: PMG), is a Latin American-based exploration and production company producing oil from three blocks in Colombia and has contracts on 15 exploration blocks covering a total of 1.6 million acres in the Llanos and Putumayo Basins. 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
    Vice-President Heavy Oil
    (403) 750-4400
    or
    Petrobank Energy and Resources Ltd.
    Corey C. Ruttan
    Vice President Finance and Chief Financial Officer
    (403) 750-4400
    Email: ir@petrobank.com
    Website: www.petrobank.com