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REG-Bankers Petroleum Limited: Block Admission Return <Origin Href="QuoteRef">BNK.TO</Origin>

Bankers Petroleum Ltd. - Block Admission Return

CALGARY, Sept. 6, 2016 /CNW/ - The Company makes the following announcement
with respect to the issuance of common shares, options, restricted share units
(RSU's) and warrants for the period from March 1, 2016 to August 31, 2016.

COMMON SHARES ISSUED & OUTSTANDING

 Shares Outstanding March 1, 2016  Options Exercised  RSU's Exercised  Warrants Exercised  Shares Outstanding August 31,2016  
            261,557,384                                                                               261,557,384             

OPTIONS OUTSTANDING

 Stock Options Outstanding   Stock Options Exercised  Stock Options Granted  Stock Options Cancelled            Price $/ share (Cdn.)  Stock Options Outstanding   
 March 1, 2016                                                                                                                         August 31, 2016             
         17,020,338                                                                       116,202                        2.12                                      
                                                                                           82,534                        2.62                                      
                                                                                           75,000                        2.86                                      
                                                                                           40,000                        3.05                                      
                                                                                           16,666                        3.12                                      
                                                                                          188,501                        3.95                                      
                                                                                           40,000                        4.00                                      
                                                                                           20,000                        4.06                                      
                                                                                           10,000                        4.34                                      
         17,020,338                                 0                      0              588,903                                              16,431,435          
                                                                                                  
 Stock Options are issued in accordance with the Bankers Stock Option Plan.                       
                                                                                                                                                                   

RESTRICTED SHARE UNITS (RSU'S) OUTSTANDING

 RSU's Outstanding March 1, 2016  RSU's Exercised  RSU's Issued  RSU's cancelled  RSU's Outstanding   
                                                                                  August 31, 2016     
             590,984                                                  22,023            568,961       
             TOTALS:                                                                                  
             590,984                     0                     0      22,023            568,961       

WARRANTS OUTSTANDING

 Warrants Outstanding March 1, 2016  Warrants Exercised  Warrants Issued  Warrants Cancelled  Exercise Price $/share (Cdn.)  Warrants Outstanding   
                                                                                                                             August 31, 2016        
               200,000                                 0                0       200,000                                                0            
 TOTALS:                                                                                                                                            
               200,000                                 0                0       200,000                                                0            

On October 1, 2008, the Company applied to AIM for a block listing entitlement
of 19,099,529 of common shares, which was fully utilised. Subsequently, on
March 7, 2014 the Company applied to AIM for a block listing entitlement of
25,737,660 of common shares, of which 5,899,557 common shares had already been
issued as at the date of this return. Therefore for the period commencing
August 31, 2016, there are 19,838,103 common shares remaining under the block
listing entitlement.

As at August 31, 2016, the total issued share capital of the Company is
261,557,384 common shares, 16,431,435 options, 568,961 restricted share units
and nil warrants outstanding.

This press release is being issued in compliance with the rules of the AIM
market of the London Stock Exchange.

please contact: Douglas Urch, Executive VP, Finance & Chief Financial Officer,
(403) 513-2691, (403) 228-9506; AIM NOMAD: Canaccord Genuity Limited, Henry
Fitzgerald-O'Connor, +44 20 7523 8000; AIM BROKER: FirstEnergy Capital LLP,
Hugh Sanderson / David van Erp, +44 0 207 448 0200



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