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One-Page Deal Sheet

PetroBakken Picks Up Additional Shares of TriOil

Petrobakken Energy Ltd. Trioil Resources Ltd.
AnnouncedJan 18, 2013
TypeProperty
LocationCardium Shale
Announced Date
January 18,2013
Close Date
January 18,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
14




Snapshot
Asset/Basin:
{Cardium}
TargetZones:
{Cardium}
Location
Region
Canada

Country
Canada

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Transaction Details:  Subscribe to see

PetroBakken Energy Ltd. has acquired 4,786,700 common shares of TriOil Resources Ltd. at an average price of $2.87 per share, equaling a total purchase price of $13,737,829.

These shares, which represent approximately 7.5% of the issued and outstanding shares of TriOil, were acquired through the facilities of the CNSX Pure Trading exchange. As a result of this acquisition, PetroBakken now owns 11,050,330 common shares of TriOil, representing approximately 17.3% of the total issued and outstanding common shares of TriOil as of the date hereof, on a non-diluted basis. 

PetroBakken jointly owns…



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