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From: allevett	6/6/2005 5:45:56 PM
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Press Release Source: Petrobank Energy and Resources Ltd. Petrobank Confirms Interest Payment on Subordinated Notes Monday June 6, 5:27 pm ET CALGARY, ALBERTA--(CCNMatthews - June 6, 2005) - Petrobank Energy and Resources Ltd., (TSX:PBG - News; TSX:PBG.NT.A - News) announces the regular quarterly interest payment on its 9% Subordinated Notes due July 31, 2006 of $2.2438 per $100 of face value, payable June 30, 2005, to note holders of record on June 15, 2005. Contact: Petrobank Energy and Resources Ltd. John D. Wright President and CEO (403) 750-4400 OR Petrobank Energy and Resources Ltd. Chris J. Bloomer Vice-President Heavy Oil and CFO (403) 750-4400 OR Petrobank Energy and Resources Ltd. Corey C. Ruttan Director Corporate Finance and Investor Relations (403) 750-4400 Fax: (403) 266-5794 Email: ir@petrobank.com Website: www.petrobank.com OR Petrobank Energy and Resources Ltd. Suite 2600, 240 - 4th Avenue S.W. Calgary, Alberta T2P 4H4 Source: Petrobank Energy and Resources Ltd. Mail to Friend

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