BANKERS PETROLEUM LIMITED: Employee Stock Savings Plan Quarterly Update

BANKERS PETROLEUM LIMITED: 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 the
implementation of an Employee Stock Savings Plan ("ESSP"), Bankers Petroleum
announces that during the quarter ending 30 June 2013, the following purchases
were 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 and                                                                    
Chief             April 30      817         817         2.55                     
      
Executive                                                                        
                    May 15      741         741         2.81                     
      
Officer (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 Vice                                                                 
President,        April 30    539         539          2.55                      
     
Finance and                                                                      
      
Chief Financial    May 15     489         489          2.81                      
     
Officer                                                                          


                      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 Vice                                                                   
President and    April 30    539         539           2.55                      
     
Chief                                                                            
Operating         May 15     489         489           2.81                      
     
Officer                                                                          


                      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 their
salary (matched equally by the Company) to purchase Bankers Petroleum shares on
the Toronto Stock Exchange, on each pay period (midmonth and month-end).
Douglas Urch, Suneel Gupta and David French (following his appointment
effective April 1, 2013) elected to participate in the plan, with a
participation level of 10% of each of their respective salaries.


Abby Badwi, following retirement from his role as President and Chief Executive
Officer, effective April 1, 2013, is no longer participating in the ESSP. As
such, there were no purchases made by, or on behalf of, Abby Badwi, in the
quarter ended 30 June 2013 and there will be no such purchases going forward.


It is expected that the next quarterly announcement in respect of purchases
under the ESSP will be made on or around October 1, 2013.


For further information, contact:
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



END 
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