* Q2 EPS C$0.40/shr vs C$0.64/shr last year
* Revenue falls 9 percent
* Q2 production rises 72 pct from last year
Aug 13 (Reuters) - Canada’s Petrobank Energy and Resources Ltd PBG.TO posted lower second-quarter results as the oil and gas company was hurt by a drop in world oil prices, but said production rose 72 percent.
Net income fell to C$34.7 million, or 40 Canadian cents per share, compared with C$57.6 million, or 64 Canadian cents per share, in the year-ago quarter.
Second-quarter production rose 72 percent to 41,127 barrels of oil equivalent per day (boepd), Petrobank said.
Funds from operations fell 15 percent to C$150.4 million, or C$1.64 a share, mainly due to a 52 percent fall in world oil prices, Petrobank said in a statement.
Oil and natural gas revenue fell 9 percent to C$224.4 million for the quarter.
Last week, the company said it offered to buy Tristar Oil & Gas Ltd TOG.TO for C$2.24 billion in cash and stock, boosting its stake in a prolific Saskatchewan oil field and giving it the heft to cut costs. [ID:nN05241156]
Petrobank shares, which have more than doubled since their 52-week low of C$16.26 in November last year, closed at C$35.90 Wednesday on the Toronto Stock Exchange. (Reporting by Isheeta Sanghi in Bangalore; Editing by Gopakumar Warrier)