10:25 AM EST - Petrobank Energy and Resources Ltd. : has outlined its capital program for 2008, without releasing dollar numbers but promising its most ambitious year yet including industry-leading activity in the Bakken formation in southeastern Saskatchewan. Its Petrominerales Latin American subsidiary is expected to be one of the busiest explorers in Colombia, and the heavy oil division will expand at Whitesands in northeast Alberta as well as at Dawson in the Peace River area and in northwest Saskatchewan. Petrobank Energy and Resources Ltd.
shares T.PBG are trading up 7 cents at $57.47.