10:12 AM EST - Petrobank Energy and Resources Ltd. : reported an 18% increase in second quarter profit to $41.05 million from $34.67 million a year ago. On a per-share basis, earnings were down to $0.35 from $0.40 in the year ago period. Funds flow from operations rose to $334.59 million or $3.12 per share from $150.35 million or $1.64 per share a year ago. Oil and natural gas revenue for the three months were higher at $573.04 million from $224.40 million last year. Petrobank Energy and Resources Ltd.
shares T.PBG are trading up $1.17 at $39.35.
