PETROBANK ANNOUNCES UPDATED CORPORATE PRESENTATION AND PARTICIPATION AT UPCOMING CONFERENCES

Calgary, Alberta - January 13, 2012 - Petrobank Energy and Resources Ltd. (TSX: PBG) announces that their executives will present at the following conferences:
TD Securities Energy Conference - London, England
Date: Monday January 16, 2012
Time: 4:25 p.m. GMT (9:25 a.m. MST, 11:25 a.m. EST)
Presenter: Chris Bloomer, Senior Vice President and Chief Operating Officer, Heavy Oil
There is no webcast available for this conference.
CIBC World Markets Whistler Institutional Investor Conference - Whistler, British Columbia
Date: Wednesday, January 18, 2012
Time: 2:50 p.m. PST (3:50 p.m. MST, 5:50 p.m. EST)
Presenter: Peter Cheung, Vice President Finance and Chief Financial Officer
Links to the audio webcast and presentation slides will be available online at the start of the presentation at:
http://webcasts.welcome2theshow.com/whistler2012 .
Petrobank has updated its corporate presentation in advance of these events, and a copy is now available at www.petrobank.com.

Petrobank Energy and Resources Ltd. is a Calgary-based oil and natural gas exploration and production company with operations in western Canada. The Company operates high-impact projects through two business units and a technology subsidiary. Petrobank's 59% owned TSX-listed subsidiary, PetroBakken Energy Ltd. (TSX:PBN), is an oil and gas exploration and production company combining light oil Bakken and Cardium resource plays with conventional light oil assets. Whitesands Insitu Partnership, a partnership between Petrobank and its wholly-owned subsidiary Whitesands Insitu Inc., applies Petrobank's patented THAI® heavy oil recovery process in the field. THAI® is an evolutionary in-situ combustion technology for the recovery of bitumen and heavy oil. THAI® and CAPRI® are registered trademarks of Archon Technologies Ltd., a wholly-owned subsidiary of Petrobank Energy and Resources Ltd., for specialized methods for recovery of oil from subterranean formations through in-situ combustion techniques and methodologies with or without upgrading catalysts. Used under license by Petrobank Energy and Resources Ltd. FOR FURTHER INFORMATION PLEASE CONTACT:

John D. Wright, President and Chief Executive Officer,
Chris J. Bloomer, Senior Vice President and Chief Operating Officer, Heavy Oil
Peter Cheung, Vice President Finance and Chief Financial Officer, or
Robin Greschner, Investor Relations
Telephone: 403.750.4400

Suite 1900, 111 - 5th Avenue S.W., Calgary, Alberta, T2P 3Y6

Phone: 403.750.4400 Fax: 403.266.5794

E-mail: ir@petrobank.com- Website: www.petrobank.com

TSX:PBG

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