Petrobakken up to 43,000 barrels per day at Sep 30

Update from the company:

Production at the end of September exceeded 43,000 barrels of oil equivalent per day ("boepd") (87% light oil and NGLs), a 22% increase over second quarter 2011 production levels, based on field estimates. Our Bakken business unit production is again over 20,000 boepd while our Cardium business unit production now exceeds 14,000 boepd, with the remainder of the production generated by our southeast Saskatchewan Conventional and AB/BC business units. We estimate that we have approximately 3,000 boepd of additional productive capacity currently down due to well maintenance, site access constraints (primarily related to flooding originating in the second quarter) and facility maintenance.

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