BNK Petroleum Inc. announces operations update

                BNK Petroleum Inc. announces operations update

  PR Newswire

  CAMARILLO, California, July 19, 2013

CAMARILLO, California, July 19, 2013 /PRNewswire/ --

BNK Petroleum Inc. (the " Company " or " BNK ") (TSX:BKX), is providing an
update on its Tishomingo Field, Caney oil shale operations in Oklahoma,
through its indirect wholly owned subsidiary BNK Petroleum (US) Inc., as well
as an update on its Polish operations.

The previously announced fracture stimulation of the (Caney) Barnes 6-3H well
was completed and the well is currently flowing back fracture stimulation
fluid. While only 11% of the stimulation fluid has been recovered to date, the
well has begun producing oil. The oil rates and cuts have been increasing
daily and yesterday the well made over 120 BOPD. The gas lift mechanism in
place is being optimized to increase the flowback rates from the well. The
Company anticipates that it will take another 2 to 3 weeks before enough
stimulation fluid has been recovered to allow the true initial production rate
to be determined. As a comparison, the Barnes 6-2H Caney well drilled by the
Company in 2012 did not begin producing any oil until 23% of the stimulation
fluid had been recovered.

At the Dunn 2-2H Caney well the rig was released on July 5 and the well is
currently being fracture stimulated. It is anticipated that this will be
finished within the next week after which flowback will be started. The
Company anticipates that it will be approximately 4 to 6 weeks before results
will be available. The drilling rig has since moved to the next Caney well
location, the Hartgraves 5-3H, with spud anticipated within the next 24 hours.

The Company has approximately a 100% working interest in each of the three
Caney wells referred to above. As a result of the Company's recent
operations, the Company's net acreage in the Caney formation in the Tishomingo
Field has increased from approximately 12,200 acres to 13,400 acres.

In Poland, the government has approved a new ordinance which streamlines the
permitting process to drill wells as deep as 5,000 meters. The ordinance is
expected to be put into effect in the next two weeks. Once the ordinance is
in place, the Company will apply to the Ministry of the Environment for the
concession modification which would allow the drilling of the Gapowo
horizontal re-entry as well as all other vertical wells scheduled in its
Concession commitments.

About BNK Petroleum Inc.

BNK Petroleum Inc. is an international oil and gas exploration and production
company focused on finding and exploiting large, predominately unconventional
oil and gas resource plays. Through various affiliates and subsidiaries, the
Company owns and operates shale gas properties and concessions in the United
States, Poland, Spain and Germany. Additionally the Company is utilizing its
technical and operational expertise to identify and acquire additional
unconventional projects outside of North America. The Company's shares are
traded on the Toronto Stock Exchange under the stock symbol BKX.

Caution Regarding Forward-Looking Information

Certain statements contained in this news release constitute "forward-looking
information" as such term is used in applicable Canadian securities laws,
including statements regarding Caney wells development and a concession
modification application in  Poland .  Forward-looking information is based
on plans and estimates of management and interpretations of exploration
information by the Company's exploration team at the date the information is
provided and is subject to several factors and assumptions of management,
including that that indications of early results are reasonably accurate
predictors of the prospectiveness of the shale intervals, that required
regulatory approvals will be available when required, that no unforeseen
delays, unexpected geological or other effects, equipment failures, permitting
delays or labor or contract disputes are encountered, that the development
plans of the Company and its co-venturers will not change, that the demand for
oil and gas will be sustained, that the Company will continue to be able to
access sufficient capital through financings, farm-ins or other participation
arrangements to maintain its projects, and that global economic conditions
will not deteriorate in a manner that has an adverse impact on the Company's
business, its ability to advance its business strategy and the industry as a
whole.  Forward-looking information is subject to a variety of risks and
uncertainties and other factors that could cause plans, estimates and actual
results to vary materially from those projected in such forward-looking
information.  Factors that could cause the forward-looking information in
this news release to change or to be inaccurate include, but are not limited
to, the risk that any of the assumptions on which such forward looking
information is based vary or prove to be invalid, including that the Company
or its subsidiaries is not able for any reason to obtain and provide the
information necessary to secure required approvals or that required regulatory
approvals are otherwise not available when required, that unexpected
geological results are encountered, that completion techniques require further
optimization, that production rates do not match the Company's assumptions,
that very low or no production rates are achieved, that the Company is unable
to access required capital, that occurrences such as those that are assumed
will not occur, do in fact occur, and those conditions that are assumed will
continue or improve, do not continue or improve, and the other risks and
uncertainties applicable to exploration and development activities and the
Company's business as set forth in the Company's management discussion and
analysis and its annual information form, both of which are available for
viewing under the Company's profile at , any of which
could result in delays, cessation in planned work or loss of one or more
concessions and have an adverse effect on the Company and its financial
condition. The Company undertakes no obligation to update these
forward-looking statements, other than as required by applicable law.

For further information:

Wolf E. Regener +1 (805) 484-3613 Email:


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