Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration and production company focused on maximizing the value of its heavy oil assets in Albania. The Company is targeting growth in production and reserves through application of new and proven technologies by a strong experienced technical team. Bankers main operations are in Albania (located northwest of Greece in South Eastern Europe).
Bankers operates and has the full rights to develop the Patos-Marinza and Ku?ova heavy oilfields pursuant to 25 year license agreements with the Albanian National Agency for Natural Resources (AKBN) and a Petroleum Agreement with Albpetrol Sh.A (Albpetrol), the state owned oil and gas corporation.
Bankers Petroleum shares hit by output problemsGlobe and Mail -
May 14, 2012 To investors of Bankers Petroleum Ltd. BNK-T, the company has burned through all its chances. The Calgary oil company, which has assets in Albania, has struggled in recent years to meet targets set by management and the market lost patience Monday ...
Junior energy stock drops on operational, financial resultsStockhouse -
May 14, 2012 TORONTO (SHfn) - Bankers Petroleum (TSX: T.BNK, Stock Forum) shares sank 34% to $2.29 on volume of more than 6.2 million shares Monday after the oil and gas producer/explorer reported that first-quarter net income fell 31% to $7.8 million, ...