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Petrobank Disappointed in THAI Process Progress
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Petrobank Energy and Resources Ltd. announced our 2013 third quarter financial and operating results and updated corporate strategy.
The consolidated financial statements as at and for the three and nine months ended September 30, 2013 and 2012 represent the operations of the assets and liabilities transferred to Petrobank pursuant to the corporate reorganization with PetroBakken Energy Ltd. (now renamed Lightstream Resources Ltd.) completed December 31, 2012. These assets and liabilities previously comprised the ‘Petrobank Standalone’ operating segment in our 2012 financial disclosure.
In this report, quarterly comparisons are third quarter 2013 compared to third quarter 2012 unless otherwise noted. All financial figures are unaudited and in Canadian dollars ($) unless otherwise noted.
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