PetroBakken is now Lightstream Resources

[dan_s]

Lightstream Resources is in our High Yield Income Portfolio. It pays monthly dividends of $0.08Cdn for an annual yield of approximately 11%. - Dan

CALGARY, ALBERTA, May 22, 2013 (Marketwired via COMTEX) -- PetroBakken Energy Ltd. ("PetroBakken" or "the Company") announces that our shareholders have approved our name change to Lightstream Resources Ltd., which will be made effective immediately. In conjunction with our name change our stock symbol is replaced with "LTS" on the Toronto Stock Exchange. This change will be effective in 2-3 business days.

Over the last several years, our asset base has grown to include a diverse portfolio of light oil resource plays focused in Alberta and Saskatchewan, and we are no longer an affiliate of our former parent company, Petrobank Energy and Resources Ltd. Our business plan remains unchanged, however the name change better reflects our corporate evolution and the company we are today.

The new name, Lightstream Resources Ltd., represents our strategic focus on effectively developing light oil resource plays to deliver growth and a sustainable dividend for our shareholders. We are committed to maximizing recoveries at the lowest possible cost through the application of innovative ideas, while staying true to our core values and the best interests of our shareholders, stakeholders and employees.