Bankers Petroleum Ltd. - Director Shareholding

4 Apr 2008 07:00

Bankers Petroleum Ltd. - Director Shareholding

AIM: BNK Bankers Petroleum Ltd. (the "Company") Director Shareholding

CALGARY, April 3 /CNW/ - The Company announces that on 1st of April 2008 the Company granted the following options, all of which are exercisable into common shares of the Company at a price of CDN$1.66, to Directors and Executives of the Company:

Director Options Granted -------------------------------------------------------- Abdel F. (Abby) Badwi 4,000,000 Chief Executive Officer Richard Wadsworth 200,000 President Douglas C. Urch 350,000 VP, Finance & Chief Financial Officer Ian McMurtrie 350,000 VP, Exploration Bob Petryk 125,000 VP & General Director, Albania Suneel Gupta 125,000 VP, Business Development Eugene Christensen 125,000 VP, Development Susan Soprovich 75,000 VP, Investor Relations

The options expire on April 2, 2013, with all of the options subject to vesting periods. As at April 2, 2008 the Company has 519,998,346 Issued & Outstanding common shares.

For further information: Susan J. Soprovich, VP, Investor Relations andCorporate Governance, Ph: (403) 513-2681, Email:investorrelations(at)bankerspetroleum.com, Website: www.bankerspetroleum.com;AIM NOMAD: Canaccord Adams Limited, Ryan Gaffney, Adam Janikowski, +44 20 70506500(BNK)