Petrobank to Present at Raymond James Oil Sands of Canada Conference
21:21 EDT Thursday, May 03, 2007
CALGARY, ALBERTA--(CCNMatthews - May 3, 2007) - Petrobank Energy and Resources Ltd. ("Petrobank") (TSX:PBG) (OSLO:PBG) is pleased to announce that Chris J. Bloomer, Vice-President Heavy Oil and Chief Financial Officer will be presenting at the Raymond James Oil Sands of Canada Conference on Monday, May 7th, 2007, at 2:00 p.m. Eastern Daylight Time from the InterContinental The Barclay Hotel, New York.
The presentation will be audio broadcast via live webcast. The webcast can be accessed at: wsw.com. The webcast will also be available under "Presentations" within the "Investors" section of the Petrobank website, and will be available for 90 days after the presentation.
Petrobank Energy and Resources Ltd.
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 Corporation operates high-impact projects through three business units. The Canadian Business Unit is developing a solid production platform from low risk gas opportunities in central Alberta and an extensive inventory of Bakken light oil locations in southeast Saskatchewan, complemented by new exploration projects and a large undeveloped land base. The Latin American Business Unit is operated by Petrobank's 80.7% owned, TSX-listed subsidiary, Petrominerales Ltd. (trading symbol: PMG), which produces oil through two Incremental Production Contracts in Colombia and has exploration contracts covering 1.5 million acres in the Llanos and Putumayo Basins. WHITESANDS Insitu Ltd., Petrobank's 84% owned subsidiary, owns 39,680 acres of oil sands leases with an estimated 2.6 billion barrels of gross bitumen-in-place and operates the WHITESANDS project which is field-demonstrating Petrobank's patented THAI(TM) heavy oil recovery process. THAI(TM) is an evolutionary in-situ combustion technology for the recovery of bitumen and heavy oil that integrates existing proven technologies and provides the opportunity to create a step change in the development of heavy oil resources globally.
FOR FURTHER INFORMATION PLEASE CONTACT:
Petrobank Energy and Resources Ltd.
John D. Wright
President and Chief Executive Officer
(403) 750-4400
or
Petrobank Energy and Resources Ltd.
Chris J. Bloomer
Vice-President Heavy Oil and Chief Financial Officer
(403) 750-4400
or
Petrobank Energy and Resources Ltd.
Corey C. Ruttan
Vice-President Finance
(403) 750-4400
(403) 266-5794 (FAX)
or
Petrobank Energy and Resources Ltd.
Suite 2600, 240 - 4th Avenue S.W.
Calgary, Alberta T2P 4H4
(403) 750-4400
(403) 266-5794 (FAX)
Email: ir@petrobank.com
Website: www.petrobank.com
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