PetroBakken Annual General and Special Meeting Information

CALGARY, ALBERTA--(Marketwired - May 17, 2013) - PetroBakken Energy Ltd. (TSX:PBN) will host our Annual General and Special Meeting for shareholders on May 22, 2013 at 9:00 am (MDT) at the Telus Convention Centre (MacLeod Hall D) in Calgary, Alberta. The meeting will also be available via webcast using the following link: http://events.digitalmedia.telus.com/petrobakken/052213/index.php. Those in attendance or participating in the webcast will also have the opportunity to have questions responded to by management of the company.

Shareholders will be voting on a number of items at the meeting, including a proposed change of the company's name to Lightstream Resources Ltd. (TSX:LTS). If approved, the name change will take effect immediately, while the stock symbol will be changed within three business days. The name change will have no impact on day-to-day business activity or share ownership.

PetroBakken Energy Ltd. is an oil and gas exploration and production company combining light oil Bakken and Cardium resource plays with conventional light oil assets, delivering industry leading operating netbacks, strong cash flows and production growth. PetroBakken is applying leading edge technology to a multi-year inventory of Bakken and Cardium light oil development locations. Our strategy is to deliver accretive production and reserves growth, along with an attractive dividend yield.