BNK Petroleum Inc. receives additional $2 million pursuant to exercise of over-allotment option and appoints new director

  BNK Petroleum Inc. receives additional $2 million pursuant to exercise of
               over-allotment option and appoints new director

PR Newswire

CAMARILLO, CA, April 11, 2014

CAMARILLO, CA, April 11, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company"
or "BNK") (TSX: BKX) is pleased to announce that the syndicate of underwriters
led by  Macquarie Capital  Markets Canada  Ltd. and  including GMP  Securities 
L.P., TD  Securities  Inc., and  Cormark  Securities Inc.  has  exercised  its 
over-allotment option to purchase an  additional 900,000 common shares of  the 
Company at a price of $2.20 per  share for gross proceeds of $1,980,000.  The 
over-allotment option was granted to  the Underwriters in connection with  the 
previously announced bought-deal, short form prospectus offering which  closed 
on March26, 2014.

The Company is  also pleased to  announce that Mrs.  Leslie O'Connor has  been 
appointed as a  new director of  the Company. Mrs.  O'Connor is the  Managing 
Partner of MHA  Petroleum Consultants  LLC, a  petroleum reservoir  management 
consulting firm. Mrs. O'Connor has more than 30 years of worldwide  petroleum 
engineering experience, including property evaluation, reservoir and  economic 
evaluations,  petrophysical  studies  and  expert  witness  testimonies.  Mrs. 
O'Connor also held positions with  Sproule Associates Inc, Geoquest  Reservoir 
Technologies, Thums Long Beach Company and Dresser Atlas. She is a member  of 
the Society of Petroleum Engineers where she is the recipient of the 2014  SPE 
Regional Service Award,  the SPE 1995  Regional Service Award  as well as  the 
1990 Denver  Section Service  Award. She  has an  extended BSc  Geology  with 
Applied Engineering degree from North  Arizona University as well as  Graduate 
Studies in Petroleum Engineering from the Colorado School of Mines.

Ford Nicholson, Chairman of the Board commented "We are very pleased to have
someone of Leslie's caliber and experience join ourteam. I believe her
experience will be a tremendous benefit to our Company and its stockholders.
We are very excited to welcome Leslie to our Board of Directors."

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.

SOURCE BNK Petroleum Inc.


Wolf E. Regener +1 (805) 484-3613
Press spacebar to pause and continue. Press esc to stop.