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Last C$3.51 CAD
Change Today -0.11 / -3.04%
Volume 3.1M
BNK On Other Exchanges
As of 4:00 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

bankers petroleum ltd (BNK) Snapshot

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06/13/14 - C$7.45
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01/13/15 - C$2.30
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bankers petroleum ltd (BNK) Details

Bankers Petroleum Ltd. engages in the exploration, development, and production of oil and gas in Albania. It holds right to develop the Patos-Marinza heavy oilfield; a 100% interest in the Kuçova oilfield; and a 100% interest in Exploration Block ‘F’. The company was formerly known as Gold Park China Limited and changed its name to Bankers Petroleum Ltd. in June 2004. Bankers Petroleum Ltd. was incorporated in 1983 and is headquartered in Calgary, Canada.

Founded in 1983

bankers petroleum ltd (BNK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$391.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$330.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: C$330.0K
Vice-President and General Director of Banker...
Total Annual Compensation: C$270.0K
Vice President of Engineering and Operations
Total Annual Compensation: C$265.0K
Compensation as of Fiscal Year 2013.

bankers petroleum ltd (BNK) Key Developments

Bankers Petroleum Ltd. Reports Production and Sales Results for the First Quarter Ended March 31, 2015

Bankers Petroleum Ltd. reported production and sales results for the first quarter ended March 31, 2015. For the quarter, average production from the Patos-Marinza and Kuçova oilfields in Albania was 19,767 barrels of oil per day (bopd), 2.7% less than 20,324 bopd in the fourth quarter of 2014. Bankers drilled two wells in the Bubullima reservoir sands in the Patos Marinza field during first quarter with positive results. The 30 day average production rate from the wells is approximately 200 bopd per well at 75% watercut and 16 degrees API lighter quality oil. The Company plans to drill two to three additional Bubullima wells in 2015 utilizing recent 3D seismic data for prospect evaluation. Twenty-one wells were drilled during the first quarter in the main area of the Patos-Marinza oilfield: twenty horizontal production wells and one lateral re-drill. As of March 31st, seventeen of these wells were on production, and the remaining four waiting on completion. Bankers reduced its active rig count from three to two in February in response to decreased commodity prices. Oil sales during the quarter averaged 20,284 bopd, 1.6% lower than the previous quarter average of 20,619 bopd. Crude oil inventory at March 31, 2015, was 270,000 barrels, down from 315,500 barrels at December 31, 2014.

Bankers Petroleum Ltd., Q1 2015 Operating Results Call, Apr 07, 2015

Bankers Petroleum Ltd., Q1 2015 Operating Results Call, Apr 07, 2015

Bankers Petroleum Ltd. to Report Q1, 2015 Operating Results on Apr 07, 2015

Bankers Petroleum Ltd. announced that they will report Q1, 2015 operating results at 7:00 AM, US Eastern Standard Time on Apr 07, 2015


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Price/Sales 1.6x
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Price/Cash Flow 3.2x
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