PetroBakken Energy Ltd

(PBN)

PetroBakken Energy Ltd. is a light oil exploration and production company comprised of high growth, long-life Bakken reserves and production and legacy conventional light oil assets in southeast Saskatchewan; significant Cardium potential in Alberta; and development opportunities in the Horn River and Montney natural gas resource plays in northeast British Columbia. The Company delivers industry leading operating netbacks, strong cash flows, and production growth from its asset base.

PetroBakken was formed in the fall of 2009 through the spin-out of the Canadian Business Unit (CBU) from Petrobank Energy Resources Ltd. In conjunction with this formation, the Company acquired TriStar Oil and Gas Ltd. on October 1, 2009. PetroBakken started trading on the Toronto Stock Exchange on October 6, 2009 under the symbol PBN.

PetroBakken’s foundation has been built on the culture of continuously experimenting and modifying technology in an effort to increase production and reserves from its assets and improve capital efficiencies.