Suite 1700, 255 - 5th Avenue SW Calgary, Alberta, T2P3G6
Tel: (403) 513-2699 Fax: (403) 228-9506
For Immediate Release
BANKERS PETROLEUM ANNOUNCES MANAGEMENT UPDATE CALGARY, January 13, 2012 - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK,AIM: BNK) would like to announce the following Management update.
As indicated in the April 11, 2011 news release, effective
December 31, 2011, Mr. Ian McMurtrie retired as Executive
Vice President Exploration and Development and will continue
in his role as a Director of the Company. Bankers would like
to sincerely thank Mr. McMurtrie for his guidance over the
last four years and look forward to his continued involvement
at the Board level.
Bankers would also like to announce, effective immediately,
the promotion of Mr. Robert Carss to Vice President Health,
Safety, Social and Environment ("HSSE"). Mr. Carss
has been with the Company since April 2011 as HSSE Director
and has provided excellent leadership initiatives.
Mr. Eugene Christensen, Vice President Engineering will be
leaving the Company to pursue other ventures. Bankers would
like to thank Mr. Christensen for his efforts and wish him
well.
"During 2011, Bankers has significantly expanded its
technical teams, both in Calgary and Albania, thereby adding
considerable depth to the engineering and geology groups, to
effectively manage the rapid operational growth and
development of the Albanian oilfields. Such depth includes
the necessary expertise to manage the tertiary and secondary
recovery methods that commenced in 2011 with the thermal
pilot in Patos-Marinza and waterflood in Kuçova" said Abby
Badwi, President and CEO of Bankers Petroleum.
Bankers Management Team
Bankers' management team is summarized below, inclusive of commencement year. A complete biography of the executive team is available on the company's website www.bankerspetroleum.com.
Mr. Abdel (Abby) Badwi (2007), President, Chief Executive Officer, Director and ViceChairman of the Board.
Mr. Douglas Urch (2007), Executive Vice President Finance and Chief Financial Officer. Mr. Suneel Gupta (2004), Executive Vice President and Chief Operating Officer. Mr. Bayne Assmus (2007), Vice President Production and Operations. Mr. Craig Nardone (2007), Vice President Exploration and Development. Mr. Mark Hodgson (2010), Vice President Business Development. Mr. Robert Carss (2011), Vice President HSSE. Mr. Leonidha (Loni) Çobo (2004), Vice President and General Director of Bankers Albania.About Bankers Petroleum Ltd.
Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration and production company focused on developing large oil and gas reserves. In Albania, Bankers operates and has the full rights to develop the Patos-Marinza heavy oilfield, has a 100% interest in the Kuçova oilfield, and a 100% interest in Exploration Block "F". Bankers' shares
are traded on the Toronto Stock Exchange and the AIM Market in London, England under the stock symbol BNK.
For further information, contact:Abby Badwi | President and Chief Executive Officer | (403) 513-2694 |
Doug Urch | Executive VP, Finance and Chief Financial Officer | (403) 513-2691 |
Mark Hodgson | VP, Business Development | (403) 513-2695 |
Email: investorrelations@bankerspetroleum.com
Website: www.bankerspetroleum.com
AIM NOMAD:
Canaccord Genuity Limited
Ryan Gaffney/ Henry Fitzgerald-O'Connor
+44 20 7050 6500
AIM JOINT BROKERS:
Canaccord Genuity Limited Macquarie Capital Advisors
Ryan Gaffney/ Henry Fitzgerald-O'Connor Ben Colegrave/Paul
Connolly
+44 20 7050 6500 +44 20 3037 5639
- 2 -
distribué par | Ce noodl a été diffusé par Bankers Petroleum Ltd. et initialement mise en ligne sur le site http://www.bankerspetroleum.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-14 01:22:47 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
Documents associés | |
January 13, 2012 Bankers Petroleum Announces Management Update |