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Press release from Marketwire

Petrobank Announces Participation in CAPP Oil & Gas Symposium and Updated Corporate Presentation

Monday, June 13, 2011

Petrobank Announces Participation in CAPP Oil & Gas Symposium and Updated Corporate Presentation17:26 EDT Monday, June 13, 2011CALGARY, ALBERTA--(Marketwire - June 13, 2011) - Petrobank Energy and Resources Ltd. (TSX:PBG) is pleased to announce that John D. Wright, President and Chief Executive Officer, and Chris J. Bloomer, Senior Vice President and Chief Operating Officer, Heavy Oil, will be presenting at the CAPP Oil & Gas Symposium in Calgary on Tuesday, June 14 at 2:50 p.m. (Mountain Time). Links to the webcast of the presentation and Company's updated corporate presentation slides will be available in advance of the presentation on the investor information page of its website at http://www.petrobank.com/investors/.Petrobank Energy and Resources Ltd. is a Calgary-based oil and natural gas exploration and production company with operations in western Canada. The Company operates high-impact projects through two business units and a technology subsidiary. Petrobank's 59% owned TSX-listed subsidiary, PetroBakken Energy Ltd. (TSX:PBN), 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, along with a significant inventory of opportunities in the Horn River and Montney gas resource plays in northeast BC. PetroBakken's strategy is to deliver accretive production and reserves growth, along with an attractive dividend yield. Whitesands Insitu Partnership, a partnership between Petrobank and its wholly-owned subsidiary Whitesands Insitu Inc., owns 104 net sections of oil sands leases in Alberta, 36 sections of oil sands licenses in Saskatchewan and 14 sections of petroleum and natural gas rights in Kerrobert, Saskatchewan, and operates the Kerrobert and Conklin projects which are field-demonstrating Petrobank's patented THAI® heavy oil recovery process. THAI®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. THAI®and CAPRI®are registered trademarks of Archon Technologies Ltd., a wholly-owned subsidiary of Petrobank Energy and Resources Ltd., for specialized methods for recovery of oil from subterranean formations through in-situ combustion techniques and methodologies with or without upgrading catalysts. Used under license by Petrobank Energy and Resources Ltd.FOR FURTHER INFORMATION PLEASE CONTACT: John D. WrightPetrobank Energy and Resources Ltd.President and Chief Executive Officer403.750.4400ORChris J. BloomerPetrobank Energy and Resources Ltd.Senior Vice President and Chief Operating Officer, Heavy Oil403.750.4400ORPeter CheungPetrobank Energy and Resources Ltd.Vice President Finance and Chief Financial Officer403.750.4400ir@petrobank.comwww.petrobank.com