Profile: Bankers Petroleum Ltd (BNK.TO)

BNK.TO on Toronto Stock Exchange

4.61CAD
24 Oct 2014
Price Change (% chg)

$-0.03 (-0.65%)
Prev Close
$4.64
Open
$4.58
Day's High
$4.65
Day's Low
$4.51
Volume
751,312
Avg. Vol
1,689,156
52-wk High
$7.45
52-wk Low
$3.65

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Bankers Petroleum Ltd. (Bankers) is engaged in the exploration for and oil in Albania. The Company generates all of the oil revenue from its operations in Albania, which is located northwest of Greece in South Eastern Europe. In Albania, Bankers operates and has the rights to develop the Patos-Marinza and Kucova oilfields pursuant to License Agreements with the Albanian National Agency for Natural Resources (AKBN) and Petroleum Agreements with Albpetrol Sh.A (Albpetrol), the state-owned oil and gas corporation. The Patos-Marinza oilfield is an onshore oilfield in continental Europe, holding approximately 5.1 billion barrels of original-oil-in-place (OOIP). The Company also has rights to exploration Block F (adjacent to the Patos-Marinza oilfield), an 185,000 acre oil and gas prone exploration field. The Company’s subsidiaries include Bankers Petroleum Albania Ltd. (BPAL), Bankers Petroleum International Limited (BPIL) and Sherwood International Petroleum Ltd (Sherwood).

Company Address

Bankers Petroleum Ltd

Suite 800, 777-8th Avenue SW
CALGARY   AB   AB T2P 3R5
P: +1403.5132699
F: +1403.2289506

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