CALGARY, Oct. 31, 2014 /CNW/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) hosted its 2014 Field Tour for analysts and institutional investors to showcase the strength and continued momentum of our operations in Albania.
During the Field Tour, Bankers Management team gave a technical presentation outlining the Company's current activity in the field and emphasizing our operational and financial flexibility. Bankers capital program is structured to allow for the ability to accelerate or defer projects in accordance with lower oil prices, while maintaining focus on production growth, polymer and water flood pilot expansion and cost improvements within the field. The Company continues to deliver strong results for our investors through a strategy of self-funded growth.
Updated Corporate Presentation
For additional information on our technical discussion please see the Company's 2014 Field Tour presentation at www.bankerspetroleum.com.
Q3 Financial Results Release Date
Bankers is scheduled to release its third quarter 2014 Financial Results on Friday, November 7, 2014 at 5:00 am MST (7:00 am EST, 12:00 pm GMT).
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: David French, President and Chief Executive Officer, (403) 513-6930; Doug Urch, Executive VP, Finance and Chief Financial Officer, (403) 513-2691; Laura Bechtel, Investor Relations Analyst, (403) 513-3428; Email: [email protected], Website: 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