PetroBakken Confirms October Dividend

Oil and Gas Investing

PetroBakken Energy Ltd. (TSX:PBN) reported that cash dividend for October will be paid on November 15, 2011.

PetroBakken Energy Ltd. (TSX:PBN) reported that cash dividend for October will be paid on November 15, 2011.

As quoted in the press release:

The October dividend will be $0.08 per PetroBakken share. The ex-dividend date is October 27, 2011.

PetroBakken Energy Ltd. is an oil and gas exploration and production company combining light oil Bakken and Cardium resource plays with conventional light oil assets, delivering industry leading operating netbacks, strong cash flows and production growth. PetroBakken is applying leading edge technology to a multi-year inventory of Bakken and Cardium light oil development locations, along with a significant inventory of 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.

Click here to read the PetroBakken Energy Ltd. (TSX:PBN) press release 

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