| Fri Dec 5, 2008 | PETROMINERALES AWARDED TWO NEW EXPLORATION BLOCKS AND TESTS CORCEL-D1 WELL AT 3,800 BOPD Petrominerales Ltd.a 76.4% owned subsidiary of Petrobank Energy and Resources Ltd. is pleased to announce that, following the Colombian Mini Round 2008, we have been awarded Blocks 25 and 31, in the Llanos Basin of Colombia. These blocks are on trend with both the super giant Cusiana-Cupiagua fields and our prolific Corcel Block. Block 25, immediately southwest of Cusiana-Cupiagua, covers 169,733 acres and our first phase work commitments will include shooting 141 square kilometres of 3D seismic and drilling one exploration well. |
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| Fri Nov 21, 2008 | PETROMINERALES ANNOUNCES TEMPORARY SUSPENSION OF OPERATIONS AT THE ORITO FIELD AND LAS AGUILAS EXPLORATION BLOCK Petrominerales Ltd., a 76.4% owned subsidiary of Petrobank Energy and Resources Ltd. announces that, in conjunction with the suspension of certain operations by Ecopetrol, the Colombian national oil company and the Orito field operator, our drilling and completion operations at the Orito field have been suspended temporarily, pending resolution of a general strike currently ongoing in the Colombian Department of Putumayo. |
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| Thu Nov 20, 2008 | PETROMINERALES TO ACQUIRE INTEREST IN PERU’S BLOCK 126 Petrominerales Ltd, a 76.4% owned subsidiary of Petrobank Energy and Resources Ltd. is pleased to announce that we have entered into agreements to acquire an aggregate 55% working interest in Block 126 in the Ucayali Basin of east central Peru. |
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| Thu Nov 6, 2008 | PETROMINERALES ANNOUNCES ANOTHER RECORD QUARTER, PRODUCTION INCREASES AND NEW CORCEL DISCOVERY Petrominerales Ltd. (TSX: PMG), a 76.4% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX: PBG), is pleased to announce record third quarter 2008 financial and operating results driven by a strong 176% increase in oil production. |
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| Thu Oct 23, 2008 | PETROMINERALES CORCEL-C3 WELL TESTS OVER 9,700 BOPD Petrominerales Ltd. (TSX: PMG), a 76.3% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX: PBG), is pleased to announce that our Corcel-C3 exploration well is producing at rates in excess of 9,700 barrels of oil per day (bopd) of 29 degree API oil from 23 feet of high quality sand in the Guadalupe formation at a 0.3% water cut. We have installed an electric submersible pump in the well and plan to ramp the production up to the pump’s capacity of 11,000 barrels of fluid per day over the next few days. |
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| Fri Sep 5, 2008 | PETROMINERALES TO CASE CORCEL-C3 APPRAISAL WELL AND APPOINTS VICE PRESIDENT EXPLORATION Petrominerales Ltd., a 76.2% owned subsidiary of Petrobank Energy and Resources Ltd., is pleased to announce results from our recently drilled Corcel-C3 appraisal well. |
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| Fri Aug 29, 2008 | PETROMINERALES ANNOUNCES MAJORITY SHAREHOLDER PARTICIPATION IN NORMAL COURSE ISSUER BID Petrominerales Ltd. is pleased to announce that Petrobank Energy and Resources Ltd. the holder of 76.2% of Petrominerales’ shares, though its wholly-owned subsidiary Petro International Ltd. (Petro International), will sell some of its Petrominerales shares to Petrominerales outside the provisions of, but concurrently with, the previously announced normal course issuer bid (NCIB). |
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| Fri Aug 15, 2008 | PETROMINERALES ANNOUNCES TSX APPROVAL OF NORMAL COURSE ISSUER BID Petrominerales Ltd. a 76.2% owned subsidiary of Petrobank Energy and Resources Ltd , is pleased to announce that the Toronto Stock Exchange (TSX) has accepted its notice to make a normal course issuer bid (NCIB) to purchase outstanding common shares on the open market, in accordance with the rules of the TSX. |
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| Tue Aug 12, 2008 | PETROMINERALES ANNOUNCES SECOND QUARTER RESULTS, CORCEL PRODUCTION ADDITIONS & NORMAL COURSE ISSUER BID Petrominerales Ltd. (Petrominerales), a 76.2% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX: PBG) (Petrobank), is pleased to announce our second quarter 2008 financial and operating results. |
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| Mon Jul 14, 2008 | PETROMINERALES TO CASE CORCEL-C1 EXPLORATION WELL Petrominerales Ltd., a 76.4% owned subsidiary of Petrobank Energy and Resources Ltd., is pleased to announce an operational update including results from our recently drilled Corcel-C and Castor exploration wells. |
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| Tue May 6, 2008 | PETROMINERALES ANNOUNCES FIRST QUARTER RESULTS Petrominerales Ltd., a 76.4% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX: PBG) (“Petrobank”), is pleased to announce our first quarter 2008 financial and operating results. |
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| Mon Mar 31, 2008 | PETROMINERALES FILES ANNUAL INFORMATION FORM Petrominerales Ltd., a 76.5% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX/OSLO: PBG), has filed its 2007 Annual Information Form. The Annual Information Form includes Petrominerales’ reserves data and other oil and gas information for the period ended December 31, 2007 as mandated by National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities of the Canadian Securities Administrators. |