PetroBakken Confirms February Dividend

PetroBakken Confirms February Dividend 
CALGARY, ALBERTA -- (Marketwire) -- 02/15/13 -- PetroBakken Energy
Ltd. ("PetroBakken") (TSX:PBN) is pleased to announce that our cash
dividend for the month of February will be paid on March 15, 2013 to
all PetroBakken shareholders of record on February 28, 2013. The
February dividend will be $0.08 per PetroBakken share. The
ex-dividend date is February 26, 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 www.petrobakken.com  or contact
Olympia Trust Company at 403-668-8887, toll free at 1-800-727-4493 or
via email at corporateactions@olympiatrust.com. 
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.
Contacts:
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
www.petrobakken.com
 
 
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