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

Big Banc SplitAnnouncement

06/10/2015 18:30

October 6, 2015

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 September 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 
                        Shares       (1)       (Cdn. $)   Vested(2)     Common    at 30 June 
                       Purchased                                      Shares held  2015 as % 
                                                                       as at 30      total   
                                                                       September    voting   
                                                                         2015       rights   
                                                                                             
David       July 15       809        809         2.92        414        204,719      0.1%    
French,                                                                                      
President   July 31       940        940         2.52        380                             
and Chief                                                                                    
Executive   August 15    1,025      1,025        2.31        360                             
Officer                                                                                      
            August 31    1,023      1,023        2.31        345                             
                                                                                             
            September    1,225      1,225        1.93        391                             
            15                                                                               
                                                                                             
            September    1,338      1,338        1.77        411                             
            30                                                                               
                                                                                             
Douglas C.  July 15       534        534         2.92        273       1,051,416     0.4%    
Urch -                                                                                       
Executive   July 31       621        621         2.52        252                             
Vice                                                                                         
President,  August 15     677        677         2.31        238                             
Finance and                                                                                  
Chief       August 31     675        675         2.31        228                             
Financial                                                                                    
Officer     September     809        809         1.93        258                             
            15                                                                               
                                                                                             
            September     883        883         1.77        272                             
            30                                                                               
                                                                                             
Suneel      July 15       534        534         2.92        273        475,609      0.2%    
Gupta -                                                                                      
Executive   July 31       621        621         2.52        252                             
Vice                                                                                         
President   August 15     677        677         2.31        238                             
and Chief                                                                                    
Operating   August 31     675        675         2.31        228                             
Officer                                                                                      
            September     809        809         1.93        258                             
            15                                                                               
                                                                                             
            September     883        883         1.77        272                             
            30                                                                               
                                                                                             

 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 January 4, 2016.

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/Wei Loon Yap
+44 0 207 523 8000

AIM BROKER:

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



END



Copyright © 2015 PR Newswire Association, LLC. All Rights Reserved