BNP RESOURCES INC. ANNOUNCES JENSEN AREA OPERATIONAL UPDATE

TSX-V BNX.A/BNX.B

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CALGARY, May 12 /CNW/ - BNP Resources Inc. ("BNP" or the "Corporation") would like to announce an operational update for the Southern Alberta Jensen area. The greater Jensen area has been extremely active from a crown landsale point of view throughout 2010. The majority of the available crown land has been leased to various companies with significant crown bonuses paid to the crown for these lands. In addition, a number of wells both vertical and horizontal have been drilled in the general area. Within the area Township 1-4 Ranges 18-23 W4M 16 new wells have been drilled throughout 2010 to present. These include the following;

PetroSpirit Resources Ltd.: 1-6-1-19 W4M - standing, vertical, RR 2011-02-12, TD 1495m.
  13-1-1-20 W4M - standing, vertical, RR 2011-01-17,  TD 1540m.
  1-23-1-20 W4M - standing, vertical, RR 2010-12-23,  TD 1548m.
   
Murphy Oil Company Ltd.: 16-4-1-20 W4M - standing, horizontal, Spud 2011-03-07, TD 2960m.
  14-2-2-21  W4M - standing, horizontal, Spud 2011-01-29, TD 3060m.
   
Gryphon Petroleum Corp.:  2-35-1-20 W4M - pumping oil, horizontal, RR 2010-06-26, TD 2111m. produced 9,280 bbls. oil from Jul 2010 to Feb. end, 2011. This is rumored to be a Madison short leg horizontal well without stimulation.
   
Connaught Oil & Gas Ltd.:  6-7-1-21 W4M - standing, horizontal, RR 2010-06-10, TD 2449m
  14-18-1-21 W4M - standing, horizontal, RR 2010-08-24, TD 2779m
  16-13-1-22 W4M - standing, horizontal, RR 2011-03-10, TD 2393m.
   
Shell Canada Limited:   10-20-1-22 W4M - pumping oil/prod not available, RR 2011-01-30,TD 3800m.
  4-13-3-22 W4M - standing, horizontal, RR 2011-02-08, TD 4039m.
   
Crescent Point Energy Corp.: 3-8-1-18 W4M - standing, horizontal, RR 2010-10-29, TD 3000m.
  14-7-1-21 W4M - pumping oil/prod not available, RR 2010-08-22, TD 3167m.
  15-1-2-20 W4M - pumping oil/prod not available, RR 2010-12-02, TD 3020m.
   
DeeThree Exploration Ltd.: 1-3-2-20 W4M - standing, horizontal, RR 2011-02-07, TD 2960m.
   
Legacy Oil and Gas Inc.:    15-25-3-23 W4M - standing, horizontal, Spud 2011-03-22, TD 3700m.

A recent press release by DeeThree Exploration Ltd. indicates the Company has "successfully completed the fracture stimulation of its first horizontal Bakken well which was drilled to a depth of 2960m including a 1300m horizontal section. The well was completed with a 15 stage fracture stimulation program using an oil based fluid. After a seven day cleanup the well was flowing up a 4 ½ inch frac string with rates of approximately 250 bbls/d of oil and 250 mcf/d of natural gas."

BNP Resources Inc. has 4 vertical wellbores on portions of sections 4,5,8-3-20 W4M. Three of the BNP wellbores are Madison depth wells and one is a Precambrian test which drilled through the Bakken zone.

BNP is extremely encouraged by the recent industry drilling activity and available results to date and continues to pursue joint ventures, mergers, and/or equity issues that will allow the company to finish evaluating its wells and further develop the Jensen property.

BNP is actively engaged in the exploration for and the development and production of oil and natural gas reserves. BNP's business strategy is to build sustainable and profitable per share growth through internally generated exploration and development drilling.

BNP has approximately 32,147,711 Class A shares and 922,500 Class B shares issued and outstanding which trade on the TSX Venture Exchange under the symbols "BNX.A and "BNX.B".

Neither the TSX Venture Exchange nor Its Regulation Services Provider (as the term Is defined In the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE BNP Resources Inc.

For further information:

Gregory Bilcox, President and CEO
BNP Resources Inc.
Phone: 403.695.1091

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BNP Resources Inc.

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