Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: PBG

PBG

posted on Mar 12, 2008 10:49PM

Petrobank Energy and Resources Ltd.'s (TSX:PBG) fourth-quarter profit leaped ahead to $40.1 million from a year-earlier $2.6 million on higher oil and natural gas revenue rises. But its shares were down $4.38 to $49.06 as market watchers speculated that investors may have been disappointed the company did not outline any new progress on its patented THAI oilsands technology.

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