Type Public company Products crude oil, natural gas Founded 2007 | Traded as TSX: LTS formerly: PBN Headquarters Calgary, Canada Parent organization Ridgeback Resources Inc. | |
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Industry basic materials / oil and gas exploration Key people John D. Wright, President & CEO Revenue $868 million [Cdn] - (December 31, 2010) Stock price LSTMF (OTCMKTS) US$ 0.00 0.00 (+120.00%)17 Mar, 11:37 AM GMT-4 - Disclaimer CEO John D. Wright (Nov 2009–) Subsidiaries Petrobakken Exploration Ltd., Arista Energy Limited | ||
Afspg lightstream resources
Lightstream Resources Ltd., formerly PetroBakken Energy Ltd., is a Calgary, Alberta-based oil exploration and production company. Lightstream's primary asset is the ownership of 2,300 development drilling locations and average production of 39,074 boepd (as at September 30, 2011). The Company is a publicly traded subsidiary of Petrobank Energy and Resources Ltd., which holds 59% of all the issued and outstanding shares of PetroBakken.
Contents
PetroBakken was formed in fall of 2009 through the spin-out of Petrobank’s Canadian Business Unit. In conjunction with the spin-out, the newly formed PetroBakken acquired TriStar Oil and Gas Ltd. on October 1, 2009. PetroBakken commenced trading on the Toronto Stock Exchange on October 6, 2009 under the symbol PBN
On May 22, 2013, PetroBakken Energy Ltd. changed its name to Lightstream Resources Ltd. It now trades on the Toronto Stock Exchange under the symbol LTS.
Operations
PetroBakken’s inventory includes:
Corporate Governance
Current members of the board of directors are: