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BNK Petroleum Inc. operations update

                     BNK Petroleum Inc. operations update

PR Newswire

CAMARILLO, CA, April 7, 2014

CAMARILLO, CA, April 7, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company"
or "BNK") (TSX: BKX) is providing an update on its Polish shale gas project as
well as its Tishomingo Field, Caney oil shale operations in Oklahoma.

Poland

The fracture stimulation design for the  first portion of the Gapowo B-1  well 
has been  finalized, subcontractors  have been  selected and  construction  of 
surface equipment and  water storage  facilities are  complete. The  fracture 
stimulation equipment is currently being  positioned while the Company  awaits 
final approval of the completion portion of Plan Ruchu. The Company is hoping
to receive the approved Plan Ruchu the week of April 14^th, so that operations
can commence.

Oklahoma update

The Company  has successfully  fracture stimulated  the remaining  15% of  the 
lateral section from the Barnes 7-2H well that was not previously stimulated.
The well  is  flowing back  and  is  currently being  tested.  Early  results 
indicate that  the Company  has successfully  reduced the  cost of  the  Caney 
fracture  stimulations  while  maintaining  similar  production  results.  The 
Company currently anticipates fracture stimulating the Leila 31-2H well in mid
April.

The services and plans for drilling the next Caney wells have been finalized.
Site preparation for  two Caney  locations are  nearly finalized  and work  is 
expected to commence on a third location in the coming weeks. The Company  is 
currently negotiating  with  a  number  of  rig  contractors  and  anticipates 
starting its next drilling phase in May.

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 oil and gas properties and concessions in  the 
United States, Poland  and Spain.  Additionally the Company  is utilizing  its 
technical  and  operational  expertise  to  identify  and  acquire  additional 
unconventional projects. 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 and  Gapowo B-1 well  development, 
including plans, anticipated results  and timing. 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  indications  of  early  results  are  reasonably 
accurate predictors  of  the  prospectiveness of  the  shale  intervals,  that 
anticipated results and estimated costs  will be consistent with  managements' 
expectations, that new  stimulation techniques  will be  successful, that  the 
Company's geological analyses are accurate, 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 or shortages 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 carry out its plans, 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 
anticipated  results  and  estimated  costs   will  not  be  consistent   with 
managements'  expectations,   new   completion  techniques   proving   to   be 
unsuccessful, the Company's geological analyses proving to be inaccurate,  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  equipment  failures, 
permitting delays or labor or contract disputes or shortages 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 
www.sedar.com, 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.

SOURCE BNK Petroleum Inc.

Contact:

Wolf E. Regener +1 (805) 484-3613
Email:investorrelations@bnkpetroleum.com
Website:www.bnkpetroleum.com
 
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