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Statement re BNK senior engineering management

9 Sep 2013 14:10

BANKERS PETROLEUM LIMITED - Statement re BNK senior engineering management

BANKERS PETROLEUM LIMITED - Statement re BNK senior engineering management

PR Newswire

London, September 9

Bankers Petroleum announces enhancement of senior engineering management CALGARY, Sept. 9, 2013 /CNW/ - Mr. David French, President and Chief ExecutiveOfficer of Bankers Petroleum Ltd. ("Bankers"), is pleased to announce theappointment of Bruce Beveridge to the position of Vice President, Engineering,and Andrew Seto, to the position of Development Engineering Director. Together, Mr. Beveridge and Mr. Seto will oversee and provide guidance to thoseteams responsible for the reservoir performance of our active drilling programand implementation of our Secondary and Tertiary development. Additionally,Mr. Beveridge will be responsible for the technical design of our surfacefacilities to support our growth. Mr. Beveridge joins Bankers with over 30 years of domestic and internationalengineering experience in the oil and gas industry. Most recently he held therole of Vice President and Chief Operating Officer at Barrick Energy Inc.Throughout his career Mr. Beveridge has held various Senior Management andEngineering positions at Apache Canada, Shell Canada Ltd. and Canterra EnergyLtd. Mr. Seto has nearly 30 years' experience in technical engineering positionswithin the oil and gas industry. For the past three years, Mr.Seto held theposition of Chief Reservoir Engineer & Senior Manager, Reservoir Engineering &Simulation with Penn West Petroleum. Prior to working at Penn West, he workedat Pengrowth Energy, APA Petroleum Engineering, Husky Energy, Crestar Energyand Imperial Oil Resources. "I am excited to announce the expansion of our leadership team. Together, Mr.Beveridge and Mr. Seto bring a wealth of experience to our team that will playan important role in ensuring that we continue to deliver reliable, disciplinedgrowth for our shareholders." said David French, President and Chief ExecutiveOfficer of Bankers Petroleum. About Bankers Petroleum Ltd. Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration andproduction company focused on developing large oil and gas reserves. InAlbania, Bankers operates and has the full rights to develop the Patos-Marinzaheavy oilfield, has a 100% interest in the Kuçova oilfield, and a 100% interestin Exploration Block "F". Bankers' shares are traded on the Toronto StockExchange and the AIM Market in London, England under the stock symbol BNK. SOURCE: Bankers Petroleum Ltd. For further information: David FrenchPresident and Chief Executive Officer(403) 513-6930 Doug UrchExecutive VP, Finance and Chief Financial Officer(403) 513-2691 Mark HodgsonVP, Business Development(403) 513-2695 Email: 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

(BNK. BNK)

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