Petrobakken Q3-2011: Still burning cash

One anonymous bullish person on Petrobakken (TSX: PBN) posted the following comment upon the release of PBN’s third quarter report: The only thing you can say about PBN’s results is: outstanding. This was a big time turn-around from 2Q spring breakup. They are already at 47,500 per day and expect to exit 2011 at over … Continue reading Petrobakken Q3-2011: Still burning cash