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Re: futrcash post# 40

Friday, 08/07/2009 8:40:06 AM

Friday, August 07, 2009 8:40:06 AM

Post# of 43
Petrominerales Records Net Income of $15.3 Million in the Second Quarter

Press Release
Source: Petrominerales Ltd., Petrobank Energy and Resources Ltd.

On Wednesday August 5, 2009, 11:50 pm EDT

BOGOTA, COLOMBIA--(Marketwire - Aug. 5, 2009) - Petrominerales Ltd. ("Petrominerales" or the "Company") (TSX:PMG - News), a 67% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX:PBG - News), is pleased to announce second quarter financial and operating results highlighted by a 194% increase in production to 21,548 barrels of oil per day ("bopd") and a 20% increase in funds flow from operations to $64.1 million ($0.63 per share diluted).

FINANCIAL & OPERATING RESULTS

The following table provides a summary of Petrominerales' financial and operating results for the three and six months ended June 30, 2009 and 2008. Interim consolidated financial statements with Management's Discussion and Analysis ("MD&A") are available on the Company's website at www.petrominerales.com and will also be available on the SEDAR website at www.sedar.com.

(All references to $ are United States dollars unless otherwise noted)

http://finance.yahoo.com/news/Petrominerales-Records-Net-ccn-774537325.html?x=0&.v=1

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PEAK OIL+DEPRESSION - SUSTAINABLE LIVING #board-9881
PEAK NATURAL RESOURCES #board-12910
PEAK WATER #board-12656