Bankers Petroleum Ltd. Director Dealing

24 Feb 2012 07:00

February 23, 2012 Bankers Petroleum Ltd. Director Dealing

Bankers Petroleum Ltd. ("Bankers" or the "Company") announces that it has received notification from Mr Douglas Urch, the Chief Financial Officer of the Company, that, on 22 February 2012, he transferred 8,500 of his beneficially owned common shares in the Company ("Common Shares") into a Retirement Savings Account of which Mr. Urch is the only legal and beneficial owner.

As a consequence of the above transfer Mr. Urch's beneficial interest in the Company remains unchanged and he still holds 666,389 Common Shares, currently representing 0.27% of the issued share capital of the Company.

For further information, contact:

Bankers Petroleum Ltd. Abby Badwi President and Chief Executive Officer (403) 513-2694 Doug Urch Executive VP, Finance and Chief Financial (403) 513-2691 Officer Mark Hodgson VP, Business Development (403) 513-2695 AIM Nomad Canaccord Genuity Limited +44 (0) 20 7050 6500 Henry Fitzgerald-O'Connor AIM Joint Brokers Canaccord Genuity Limited +44 (0) 20 7050 6500 Ryan Gaffney Henry Fitzgerald-O'Connor Macquarie Capital Advisors +44 (0) 20 3037 5639 Ben Colegrave Paul Connolly