REG-Bankers Petroleum Limited: Director/PDMR Shareholding

Bankers Petroleum Ltd. (the "Company") - Director Shareholding

AIM: BNK

CALGARY, June 1 /CNW/ - The Company announces that on 29th day of May,
2009 it was notified that a member of Bankers' Board of Directors sold the
following shares on May 29th, 2009:

Total Number of
Name Shares Sold Total Sale Price Common Shares Held
After Transaction(x)
-------------------------------------------------------------------------
John Harris 35,000 $72,800 Cdn. 65,000
Director

The Company announces that on 28th of May, 2009 it granted the following
stock options, all of which are exercisable into common shares of the Company
at a price of $1.83 Cdn. per share, to Directors and Executives of the
Company, in accordance with the Company's Employee Stock Option Plan:

Name No. of Options Granted
--------------------------------------------------------------------

Abdel F. (Abby) Badwi 750,000
President and Chief Executive Officer

Douglas C. Urch 435,000
VP, Finance and Chief Financial Officer

Ian McMurtrie 435,000
VP, Exploration and Development

Suneel Gupta 300,000
VP, Production and Operations

Eugene Christensen 50,000
VP, Engineering

Rick Pawluk 20,000
Corporate Secretary

Robert Cross 100,000
Chairman and Director

Eric Brown 100,000
Director

Jonathan Harris 100,000
Director

John Zaozirny 100,000
Director

Phil Knoll 100,000
Director

Wesley Clark 100,000
Director

The options will expire on May 28, 2014 and are subject to the following
vesting provisions: one-third shall vest and become exercisable immediately;
one-third shall vest and become exercisable on each of the first and second
anniversaries of the date of grant.
As at May 28, 2009 the Company had 207,798,605 issued and outstanding
common shares, 13,587,392 options to purchase common shares and 25,713,376
common share purchase warrants.

For further information: Doug Urch, VP, Finance and Chief Financial Officer,
Ph: (403) 513-2691, Email: investorrelations@bankerspetroleum.com, Website:
www.bankerspetroleum.com; AIM NOMAD: Canaccord Adams Limited, Ryan
Gaffney/Henry Fitzgerald-O'Conner, +44 20 7050 6500
(BNK)

END