03:54 PM EST - PetroBakken Energy Ltd. : announced the closing of our previously announced sale of certain non-core southeast Saskatchewan assets for gross cash proceeds of $427 million. The Non-Core Assets were outside the key focus area of our Bakken business unit as they were largely non-operated and generally have lower average working interest than our remaining lands. Following the closing of this transaction, we will have approximately $1.1 billion of available liquidity from diversified sources of credit that have a layered maturity profile that compliments the long term nature of our light-oil focused assets. PetroBakken Energy Ltd.
shares T.PBN are trading up $0.59 at $17.23.
