09:50 AM EST - Petrobank Energy and Resources Ltd. : and TriStar Oil & Gas Ltd. revealed the closing of the plan of arrangement whereby the companies have completed a strategic combination of TriStar and Petrobank's Canadian Business Unit. The combination has resulted in PetroBakken, a new publicly listed company, that is a premier, Bakken-focused, light oil exploration and production company. It is anticipated that the PetroBakken shares would commence trading on the Toronto Stock Exchange under the symbol "PBN", on or about October 6, 2009. Petrobank Energy and Resources Ltd.
shares T.PBG are trading down $0.76 at $42.84.
