Feb. 1, 2012, 11:39 AMPetrobank Energy (PBEGF.PK +5.3%) shares pop following the company's sale of its May River oil sands assets for $225M. This leaves Petrobank with a large net cash position, perhaps making investors wonder if a spin-out of subsidiary Petrobakken (PBKEF.PK) won't soon follow. (submitted by Devon Shire) | Feb. 1, 2012, 11:39 AM
Currently, there's no company description for PBEGF.
Sector: Basic Materials
Industry: Major Integrated Oil & Gas