Notice of Results

8 May 2007 07:00

Bankers provides notice of release of first quarter 2007 results and conference call

CALGARY, May 7 /CNW/ - Bankers Petroleum Ltd. will release its 2007 first quarter results on Thursday, May 10, 2007.

Richard Wadsworth, President, will host a conference call with the investment community to discuss the results on Friday, May 11, 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 1-866-249-2157 or 1-416-644-3423 approximately 10 minutes prior to the call. An archived recording of the call with be available shortly after the completion of the call through May 25, 2007 by dialling 1-416-640-1917 or 1-877-289-8525 and entering pass code 21228034 followed by the number sign.

A live audio webcast of the conference call will also be available on Bankers' website at www.bankerspetroleum.com. 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 www.bankerspetroleum.com.

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: Susan J. Soprovich, VP, Investor Relations and Corporate Governance, (403) 513-2681, Email: investorrelations(at)bankerspetroleum.com, Website: www.bankerspetroleum.com (BNK.)