PetroBakken
PetroBakken
I am putting the final touches on our updated profile for PetroBakken. The profile and new forecast model will be posted to the website under the Watch List Tab tomorrow (4/18).
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: PetroBakken
PetroBakken Energy Ltd. (PBN.TO): An updated company profile and forecast model has been posted under the Watch List Tab. This former Sweet 16 Growth Portfolio member is off to a great start in 2012. It pays monthly dividends and the current annual yield is approximately 6.3%. You can buy it from the pink sheets (symbol is PBKEF).
PetroBakken is heavily weighted to oil and it has significant low-risk development potential in both the Bakken and Cardium in Canada.
All of the Canadian companies were hammered last year as U.S. investors pulled a lot of money from the Toronto exchange. You should all take a hard look at Vero Energy (VRO.TO). It has a big stake in the Cardium (partners with PetroBakken on several wells) and they are getting very strong results from new horizontal wells.
PetroBakken is heavily weighted to oil and it has significant low-risk development potential in both the Bakken and Cardium in Canada.
All of the Canadian companies were hammered last year as U.S. investors pulled a lot of money from the Toronto exchange. You should all take a hard look at Vero Energy (VRO.TO). It has a big stake in the Cardium (partners with PetroBakken on several wells) and they are getting very strong results from new horizontal wells.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group