Employee Stock Savings Plan Quarterly Update

July 2, 2013 AIM: BNK Bankers Petroleum Ltd. ("Bankers Petroleum" or the "Company") Employee Stock Savings Plan Quarterly Update Further to the Company's announcement of January 16, 2013 regarding theimplementation of an Employee Stock Savings Plan ("ESSP"), Bankers Petroleumannounces that during the quarter ending 30 June 2013, the following purchaseswere made by senior employees: Name Date of Number of Employer's Purchase Resulting Resulting Purchase Common Price Number of Holding as Shares Contribution (Cdn. $) Common at 30 June Purchased (1) Shares held 2013 as % as at 30 total voting June 2013 rights David French - April 15 1,492 1,492 2.47 84,795 0.0%President andChief April 30 817 817 2.55Executive May 15 741 741 2.81Officer (2) May 31 692 692 3.01 June 14 761 761 2.74 June 28 792 792 2.63 Douglas C. Urch April 15 557 557 2.47 751,202 0.3%- Executive VicePresident, April 30 539 539 2.55Finance andChief Financial May 15 489 489 2.81Officer May 31 457 457 3.01 June 14 502 502 2.74 June 28 523 523 2.63 Suneel Gupta - April 15 557 557 2.47 255,091 0.1%Executive VicePresident and April 30 539 539 2.55ChiefOperating May 15 489 489 2.81Officer May 31 457 457 3.01 June 14 502 502 2.74 June 28 523 523 2.63 (1) These shares are the matching shares purchased by the Company, which shall vest to the shareholder twelve months from the date of purchase, provided the shareholder is still an employee of the Company. (2) Following the appointment of David French as President and CEO, effective April 1, 2013, David French elected to participate in the plan with a participation level of 10% of his salary. As previously announced, under the ESSP , employees may use up to 10% of theirsalary (matched equally by the Company) to purchase Bankers Petroleum shares onthe Toronto Stock Exchange, on each pay period (midmonth and month-end).Douglas Urch, Suneel Gupta and David French (following his appointmenteffective April 1, 2013) elected to participate in the plan, with aparticipation level of 10% of each of their respective salaries. Abby Badwi, following retirement from his role as President and Chief ExecutiveOfficer, effective April 1, 2013, is no longer participating in the ESSP. Assuch, there were no purchases made by, or on behalf of, Abby Badwi, in thequarter ended 30 June 2013 and there will be no such purchases going forward. It is expected that the next quarterly announcement in respect of purchasesunder the ESSP will be made on or around October 1, 2013. For further information, contact:Doug UrchExecutive VP, Finance and Chief Financial OfficerPh: (403) 513-2691Email: investorrelations@bankerspetroleum.comWebsite: www.bankerspetroleum.com AIM NOMAD:Canaccord Genuity LimitedHenry Fitzgerald-O'Connor+44 0 207 523 8000 AIM BROKER:FirstEnergy Capital LLPHugh Sanderson / David van Erp+44 0 207 448 0200