Director/PDMR Shareholding

15 Jan 2007 11:00

Bankers Petroleum Ltd. - Director Shareholding

AIM: BNK

CALGARY, Jan. 15 /CNW/ - The Company announces that on the 15th of January 2007 the Company granted the following options, all of which are exercisable into common shares of the Company at a price of CDN$0.64, to Directors and Executives of the Company:

Director Options Granted ------------------------------------------------------------------------- Robert Cross 250,000 Chairman Victor Redekop 200,000 Director John Zaozirny 200,000 Director Jonathan Harris 200,000 Director Eric M. Brown 200,000 Director Ford Nicholson 250,000 Director Richard Wadsworth 350,000 President Juneyt Tirmandi 300,000 CFO Wolf Regener 300,000 President, Bankers Petroleum (US) Inc. Susan Soprovich 300,000 VP, Investor Relations Bob Petryk 250,000 VP, Operations Suneel Gupta 300,000 President, Bankers Petroleum Albania Ltd. Eugene Christensen 100,000 VP, Exploitation

The options expire on January 14, 2012, with all of the options subject to vesting periods. As at January 15, 2007 the Company has 412,066,634 Issued & Outstanding common shares.

For further information: Suite 800, 906 - 12th Ave. S.W., Calgary, Alberta, T2R 1K7, Tel: (403) 541-5346, Fax: (403) 245-5156 (BNK.)