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Press release from Marketwire

PetroBakken to Host Fourth Quarter 2012 Operations Update and 2013 Capital Plan Conference Call

Wednesday, January 09, 2013

CALGARY, ALBERTA--(Marketwire - Jan. 9, 2013) - PetroBakken Energy Ltd. ("PetroBakken" or the "Company") (TSX:PBN) is pleased to announce that management of PetroBakken will be hosting a conference call for investors, financial analysts, media and any interested persons on Friday, January 11, 2013 at 9:00 a.m. (Mountain time) (11:00 a.m. Eastern Time) to discuss PetroBakken's fourth quarter 2012 operational results and 2013 capital spending plans.

The investor conference call details are as follows:

Live call in: 1-416-340-2216 / 1-866-226-1792
Replay: 905-694-9451 / 800-408-3053
Replay Passcode: 4733679

The live audio webcast link is: http://events.digitalmedia.telus.com/petrobakken/011113/index.php.

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, along with a significant inventory of opportunities in the Horn River and Montney gas resource plays in northeast BC. Our strategy is to deliver accretive production and reserves growth, along with an attractive dividend yield.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:

PetroBakken Energy Ltd.

John D. Wright

President and Chief Executive Officer

(403) 268-7800

(403) 218-6075 (FAX)





PetroBakken Energy Ltd.

Peter D. Scott

Senior Vice President and Chief Financial Officer

(403) 268-7800

(403) 218-6075 (FAX)





PetroBakken Energy Ltd.

Bill A. Kanters

Vice President Capital Markets

(403) 268-7800

(403) 218-6075 (FAX)

ir@petrobakken.com

www.petrobakken.com