PetroBakken Completes Acquisition of Result Energy

- April 2nd, 2010

PetroBakken Energy Ltd. (TSX:PBN), a 58% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX:PBG), and Result Energy Inc. (TSX VENTURE:RTE) reported the closing today of the acquisition of Result by PetroBakken.

PetroBakken Energy Ltd. (TSX:PBN), a 58% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX:PBG), and Result Energy Inc. (TSX VENTURE:RTE) reported the closing today of the acquisition of Result by PetroBakken.

The press release is quoted as saying:

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.

Click here to access the entire press release

Click here to access PetroBakken Energy Corporate Site

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