Petrominerales

PETROMINERALES RECORDS NET INCOME OF $15.3 MILLION IN THE SECOND QUARTER

Petrominerales Ltd., a 67% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX: PBG), is pleased to announce second quarter financial and operating results highlighted by a 194% increase in production to 21,548 barrels of oil per day (“bopd”) and a 20% increase in funds flow from operations to $64.1 million ($0.63 per share diluted).

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