BNK Petroleum Inc. operations update

CAMARILLO, CA, April 7, 2014 /CNW/ - 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. 
Wolf E. Regener +1 (805) 484-3613 Email:investorrelations@bnkpetroleum.com 
Website:www.bnkpetroleum.com 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/April2014/08/c8971.html 
CO: BNK Petroleum Inc.
ST: California
NI: OIL  
-0- Apr/08/2014 04:52 GMT
 
 
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