Petrobank Energy and Resources Ltd in short: Combines Canadian oil and gas operations with two CBM opportunities and 38 400 acres of oil sand leases
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. The Canadian Business Unit combines conventional oil and gas operations with two higher potential coalbed methane opportunities. The Latin American Business Unit produces oil through two Incremental Production Contracts in Colombia and is finalizing contracts on five new exploration blocks. The Heavy Oil Business Unit is commencing the development of the WHITESANDS pilot project to field-demonstrate Petrobank’s patented THAI™ heavy oil recovery process. To view the WHITESANDS presentaion click here. Our goal is to maximize after-tax return on equity for shareholders through a portfolio-based investment approach. Petrobank’s common shares and subordinated notes trade on the Toronto Stock Exchange under the symbols PBG and PBG.NT.A
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We are located in Calgary, Canada, America(North)
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