Bankers provides notice of release of 2006 results and conference call

    AGM to Be Held May 22, 2007

    CALGARY, March 26 /CNW/ - Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK)
will post its 2006 quarter results on SEDAR ( on Friday,
March 30, 2007.
    Richard Wadsworth, President, will host a conference call with the
investment community to discuss the results on Monday, April 2, at
9:00 a.m. MDT, 11:00 a.m. EDT, 4:00 p.m. BST. The media are invited to
participate in a listen-only mode.
    To participate in the conference call, please dial 1-800-733-7571 or
1-416-644-3414 approximately 10 minutes prior to the call. An archived
recording of the call with be available shortly after the completion of the
call through April 16, 2007 by dialling 1-416-640-1917 or 1-877-289-8525 and
entering pass code 21224404 followed by the number sign.
    A live audio webcast of the conference call will also be available on
Bankers' website at Shortly after the call, an audio
archive will be posted on the website for 90 days.

    2007 Annual General Meeting

    Bankers' Annual General Meeting of Shareholders will be held on Tuesday
May 22, 2007 at the Hyatt Regency in Calgary, Alberta. A webcast of the annual
General Meeting will be available on Bankers' website at
    The close of business on April 17, 2007 has been fixed as the record date
for the determination of those shareholders entitled to receive notice of and
to vote at the meeting. A Notice of Meeting and Management Information
Circular will be mailed to shareholders in advance of the meeting.

    About Bankers Petroleum Ltd.

    Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration and
production company focused on opportunities in unconventional petroleum
assets. Bankers holds interests in four prospects in the Northern and Central
regions of the United States, where it is currently pursuing the exploration
of shale gas plays. It also operates in the Patos-Marinza oilfield in Albania
pursuant to a license agreement, producing heavy oil. Bankers' shares are
traded on the Toronto Stock Exchange and the AIM Market in London, England
under the ticker symbol BNK.

For further information:

For further information: Susan J. Soprovich, VP, Investor Relations and
Corporate Governance, (403) 513-2681, Email:, Website:

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