REG-Bankers Petroleum Limited: Employee Stock Savings Plan Quarterly Update <Origin Href="QuoteRef">BNK.TO</Origin>

Big Banc SplitAnnouncement

07/07/2015 15:50

AIM: BNK
Bankers Petroleum Ltd. ("Bankers Petroleum" or the "Company")
Employee Stock Savings Plan Quarterly Update

Further to the Company's announcement of January 16, 2013 regarding the
implementation of an Employee Stock Savings Plan ("ESSP"), Bankers Petroleum
announces that during the quarter ending June 30, 2015, the following purchases
were made by senior employees:

      Name        Date of   Number of   Employer's   Purchase   Employer's   Resulting     Resulting     
                  Purchase    Common   Contribution   Price    Contribution  Number of   Holding as at   
                              Shares       (1)       (Cdn. $)    Vested(2)    Common        30 June      
                            Purchased                                         Shares        2015 as      
                                                                              held as       % total      
                                                                               at 30     voting rights   
                                                                             June 2015                   
                                                                                                         
David French,    April 15      651         651         3.64         414       196,058         0.1%       
President and                                                                                            
Chief Executive  April 30      667         667         3.55         380                                  
Officer                                                                                                  
                 May 15        755         755         3.13         375                                  
                                                                                                         
                 May 29        774         774         3.06         350                                  
                                                                                                         
                 June 15       801         801         2.95         309                                  
                                                                                                         
                 June 30       784         784         3.02         332                                  
                                                                                                         
Douglas C. Urch  April 15      430         430         3.64         273      1,045,696        0.4%       
- Executive Vice                                                                                         
President,       April 30      440         440         3.55         252                                  
Finance and                                                                                              
Chief Financial  May 15        499         499         3.13         247                                  
Officer                                                                                                  
                 May 29        511         511         3.06         231                                  
                                                                                                         
                 June 15       529         529         2.95         204                                  
                                                                                                         
                 June 30       517         517         3.02         220                                  
                                                                                                         
Suneel Gupta -   April 15      430         430         3.64         273       469,889         0.2%       
Executive Vice                                                                                           
President and    April 30      440         440         3.55         252                                  
Chief Operating                                                                                          
Officer          May 15        499         499         3.13         247                                  
                                                                                                         
                 May 29        511         511         3.06         231                                  
                                                                                                         
                 June 15       529         529         2.95         204                                  
                                                                                                         
                 June 30       517         517         3.02         220                                  
                                                                                                         

(1) These shares are the matching shares purchased by the Company, which shall
vest to the shareholder twelve months from the date of purchase, provided the
shareholder is still an employee of the Company.

(2) These shares are the matching shares purchased by the Company twelve months
ago and are now vested to the shareholder.

As previously announced, under the ESSP, employees may use up to 10% of their
salary (matched equally by the Company) to purchase Bankers Petroleum shares on
the Toronto Stock Exchange, on each pay period (midmonth and month-end). David
French, Douglas Urch and Suneel Gupta elected to participate in the plan, with
a participation level of 10% of each of their respective salaries.

It is expected that the next quarterly announcement in respect of purchases
under the ESSP will be made on or around October 1, 2015.

For further information, contact:

Doug Urch
Executive VP, Finance and Chief Financial Officer
Ph: (403) 513-2691
Email: investorrelations@bankerspetroleum.com
Website: http://www.bankerspetroleum.com/

AIM NOMAD:
Canaccord Genuity Limited
Henry Fitzgerald-O'Connor
+44 0 207 523 8000

AIM BROKER:
FirstEnergy Capital LLP
Hugh Sanderson / David van Erp
+44 0 207 448 0200



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