Here is What Petrobank Sold for $225mil

by Devon Shire, Benzinga Contributor

January 31, 2012 6:30 PM | 1 min read | Make a Comment

Almost 700 million barrels of contingent resource. I would have thought they could have received double the actual proceeds.

I do like the strategy change though. Clean up the balance sheet and focus on smaller, faster Saskatchewan Heavy Oil.

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