CALGARY, Jan. 13, 2012 /CNW/ - Bankers Petroleum Ltd. ("Bankers" or the
"Company") (TSX: BNK, AIM: BNK) would like to announce the following
As indicated in the April 11, 2011 news release, effective December 31,
2011, Mr. Ian McMurtrie retired as Executive Vice President Exploration
and Development and will continue in his role as a Director of the
Company. Bankers would like to sincerely thank Mr. McMurtrie for his
guidance over the last four years and look forward to his continued
involvement at the Board level.
Bankers would also like to announce, effective immediately, the
promotion of Mr. Robert Carss to Vice President Health, Safety, Social
and Environment ("HSSE"). Mr. Carss has been with the Company since
April 2011 as HSSE Director and has provided excellent leadership
Mr. Eugene Christensen, Vice President Engineering will be leaving the
Company to pursue other ventures. Bankers would like to thank Mr.
Christensen for his efforts and wish him well.
"During 2011, Bankers has significantly expanded its technical teams,
both in Calgary and Albania, thereby adding considerable depth to the
engineering and geology groups, to effectively manage the rapid
operational growth and development of the Albanian oilfields. Such
depth includes the necessary expertise to manage the tertiary and
secondary recovery methods that commenced in 2011 with the thermal
pilot in Patos-Marinza and waterflood in Kuçova," said Abby Badwi,
President and CEO of Bankers Petroleum.
Bankers Management Team
Bankers' management team is summarized below, inclusive of commencement
year. A complete biography of the executive team is available on the
company's website www.bankerspetroleum.com.
Mr. Abdel (Abby) Badwi (2007), President, Chief Executive Officer, Director and Vice Chairman of the
Mr. Douglas Urch (2007), Executive Vice President Finance and Chief Financial Officer.
Mr. Suneel Gupta (2004), Executive Vice President and Chief Operating Officer.
Mr. Bayne Assmus (2007), Vice President Production and Operations.
Mr. Craig Nardone (2007), Vice President Exploration and Development.
Mr. Mark Hodgson (2010), Vice President Business Development.
Mr. Robert Carss (2011), Vice President HSSE.
Mr. Leonidha (Loni) Çobo (2004), Vice President and General Director of Bankers Albania.
About Bankers Petroleum Ltd.
Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration and
production company focused on developing large oil and gas reserves. In Albania, Bankers operates and has the
full rights to develop the Patos-Marinza heavy oilfield, has a 100% interest in the Kuçova oilfield, and a 100%
interest in Exploration Block "F". Bankers' shares are traded on the Toronto Stock Exchange and the AIM Market in London,
England under the stock symbol BNK.
SOURCE Bankers Petroleum Ltd.
For further information:
Canaccord Genuity Limited
Ryan Gaffney/ Henry Fitzgerald-O'Connor
+44 20 7050 6500
AIM JOINT BROKERS:
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+44 20 7050 6500 +44 20 3037 5639