PetroBakken Confirms January Dividend

PetroBakken Confirms January Dividend 
CALGARY, ALBERTA -- (Marketwire) -- 01/15/13 -- PetroBakken Energy
Ltd. ("PetroBakken") (TSX:PBN) is pleased to announce that our cash
dividend for the month of January will be paid on February 15, 2013
to all PetroBakken shareholders of record on January 31, 2013. The
January dividend will be $0.08 per PetroBakken share. The ex-dividend
date is January 29, 2013. 
PetroBakken is pleased to provide two convenient cost-effective
methods for shareholders to increase their investment in PetroBakken.
The Share Dividend Plan ("SDP") is now available to most
shareholders, enabling shareholders to receive dividends in the form
of common shares at a 5% discount to the average market price. While
similar to our Dividend Reinvestment Plan ("DRIP"), the SDP has
certain tax attributes which may be more attractive to some
shareholders. The DRIP remains available to Canadian shareholders,
enabling such shareholders to reinvest their monthly cash dividend to
acquire additional common shares at a 5% discount to the average
market price. For further information regarding our SDP and DRIP,
please visit PetroBakken's website at or contact
Olympia Trust Company at 403-668-8887, toll free at 1-800-727-4493 or
via email at 
PetroBakken Energy Ltd. is an oil and gas exploration and production
company combining light oil Bakken and Cardium resource plays with
conventional light oil assets, delivering industry leading operating
netbacks, strong cash flows and production growth. PetroBakken is
applying leading edge technology to a multi-year inventory of Bakken
and Cardium light oil development locations. Our strategy is to
deliver accretive production and reserves growth, along with an
attractive dividend yield.
PetroBakken Energy Ltd.
John D. Wright
President and Chief Executive Officer
(403) 268.7800 
PetroBakken Energy Ltd.
Peter D. Scott
Senior Vice President and Chief Financial Officer
(403) 268.7800 
PetroBakken Energy Ltd.
Bill A. Kanters
Vice President, Capital Markets
(403) 268.7800
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