BANKERS PETROLEUM LIMITED: Statement re Bankers Petroleum Employee Stock Savings

BANKERS PETROLEUM LIMITED: Statement re Bankers Petroleum Employee Stock 
Savings
Bankers Petroleum Ltd . ("Bankers Petroleum" or the "Company") 
Employee Stock Savings Plan Quarterly Update 
AIM: BNK 
CALGARY, April 2 /CNW/ -  Further to the Company's announcement of January 16,
2013 regarding the implementation of an Employee Stock Savings Plan ("ESSP"),
Bankers Petroleum announces that during the quarter ending 31 March 2013, the
following purchases were made by directors and senior employees: 
                                                                     
Resulting   
                                                        Resulting    
Holding as  
                                                        Number of    at 31 
March 
                       Number of                        Common       2013 
as %   


                           Common    Employer's   Purchase  Shares held  total  
    
                Date of    Shares    Contribution Price     as at 31     voting 



Name            Purchase   Purchased (1)          (Cdn. $)  March 2013   rights  


    
                                                                                



Abdel F. (Abby) March 28   684       684          2.68      1,516,254    0.6%    

Badwi,                                                                           

President,      March 15   609       609          3.01                           

Chief Executive                                                                  

Officer and     February   637       637          2.88                           

Vice Chair      25                                                               


    
                                                                                
    
                February   643       643          2.85                          
    
                15                                                              
    
                                                                                
    
                January 31 654       654          3.06                          
    
                                                                                
    
                January 15 582       582          2.86                          
    
                                                                                
    
                                                                                
    
                                                                                



Douglas C. Urch March 28   513       513          2.68      925,913      0.4%    

- Executive                                                                      

Vice President, March 15   457       457          3.01                           

Finance and                                                                      

Chief Financial February   478       478          2.88                           

Officer         25                                                               


    
                                                                                
    
                February   482       482          2.85                          
    
                15                                                              
    
                                                                                
    
                January 31 490       490          3.06                          
    
                                                                                
    
                January 15 437       437          2.86                          
    
                                                                                
    
                                                                                
    
                                                                                



Suneel Gupta -  March 28   513       513          2.68      252,024      0.1%    

Executive Vice                                                                   

President and   March 15   457       457          3.01                           

Chief Operating                                                                  

Officer         February   478       478          2.88                           


    
                25                                                              
    
                                                                                
    
                February   482       482          2.85                          
    
                15                                                              
    
                                                                                
    
                January 31 490       490          3.06                          
    
                                                                                
    
                January 15 437       437          2.86                          
    
                                                                                
    

(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.


As previously announced, under the ESSP, employees may use up to 10% of their
salary (matched equally by the Company) to purchase Bankers Petroleum shares on
the Toronto Stock Exchange, on each pay period (mid-month and month-end). Abby
Badwi, Douglas Urch and Suneel Gupta elected to participate in the plan, with a
participation level of 10% of each of their respective salaries. 
Following the appointment of David French as President and CEO, effective April
1, 2013, David French has elected to participate in the plan with a
participation level of 10% of his salary. 
It is expected that the next quarterly announcement in respect of purchases
under the ESSP will be made on or around July 1, 2013. 
/For further information:  Doug Urch, Executive VP, Finance and Chief Financial
Officer, Ph: (403) 513-2691, Email: investorrelations@bankerspetroleum.com,
Website: www.bankerspetroleum.com; AIM NOMAD: Canaccord Genuity Limited, Henry
Fitzgerald-O'Connor, +44 0 207 523 8000; AIM BROKER: FirstEnergy Capital LLP,
Hugh Sanderson / David van Erp, +44 0 207 448 0200/ 
(BNK) 
END 
-0- Apr/02/2013 15:12 GMT