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Friday, May 11, 2012

More Petrobank/Petrobakken Share Buybacks

Petrobank sells Petrobakken @ $12.91, while Petrobakken is also buying back shares



Company Name : PetroBakken Energy Ltd.Last Updated: May 10, 2012
DateSymbolInsider
Buys
Volume
Insider
Sells
Volume
Insider
Buys
Value $
Insider
Sells
Value $
Insider
Buys
Transaction
Insider
Sells
Transaction
Currency
05/10/2012PBN45,30028,800586,157.00372,894.009996CAD


And Petrobank buys back shares of Petrobank @ $12.35  partially funded by the Petrobakken sale


Company Name : Petrobank Energy And Resources Ltd.Last Updated: May 10, 2012
DateSymbolInsider
Buys
Volume
Insider
Sells
Volume
Insider
Buys
Value $
Insider
Sells
Value $
Insider
Buys
Transaction
Insider
Sells
Transaction
Currency
05/10/2012PBG45,9000567,007.000.001060CAD
Very useful to be able to buy Petrobank shares for $12.35 when Petrobank owns 1.05 shares of Petrobakken trading at $12.91, plus $1.00 per share in cash, plus THAI, plus oil resources.  Petobank has no debt.






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