(BNK) Bankers Petroleum

January 20, 2012



AIM: BNK



Bankers Petroleum Ltd. ("Bankers" or the "Company")

Director Shareholding



The Company announces that on January 18, 2012 it was notified that a Director
sold the following shares:



Name Date of Shares Total Sale Price Total Number of Common Shares
Sale Sold (Cdn. $) Held After Transaction

Eric
Brown January 10,000 47,717 101,166
17, 2012
Director








For further information, contact:

Doug Urch

Executive Vice President, Finance and Chief Financial Officer

Ph: (403) 513-2691



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





END

Bankers Petroleum Ltd. ("Bankers" or the "Company") Director and Executive
Officer Shareholding

AIM: BNK

CALGARY, Jan. 15, 2012 /CNW/ - The Company announces that on January 11, 2012
it granted the following stock options, all of which are exercisable into
common shares of the Company at a price of $4.83 Cdn. per share, to Directors
and Executive Officers of the Company, in accordance with the Company's
Employee Stock Option Plan:

Name No. of Options
Granted

Abdel F. (Abby) Badwi 500,000
President, Chief Executive Officer and Vice Chair

Douglas C. Urch 350,000
Executive Vice President, Finance and Chief Financial
Officer

Suneel Gupta 350,000
Executive Vice President and Chief Operating Officer

Robert Cross 75,000
Chairman and Director

Eric Brown 50,000
Director

Jonathan Harris 50,000
Director

John Zaozirny 50,000
Director

Phil Knoll 50,000
Director

Wesley Clark 50,000
Director

Ian McMurtrie 50,000
Director


The options will expire on January 10, 2017 and are subject to the following
vesting provisions: one-third shall vest and become exercisable immediately;
one-third shall vest and become exercisable on each of the first and second
anniversaries of the date of grant.

The Company announces that on January 13, 2012 it was notified that certain
members of Bankers' Board of Directors and an Executive Officer exercised a
portion of their stock options (those which expire on Jan 15, 2012), thereby
acquiring the following shares:

Name Date of Stock Options Exercise Price
Exercise Exercised (Cdn.$)

Robert Cross January 13, 83,333 1.68
Chairman and Director 2012

Jonathan Harris January 13, 66,667 1.68
Director 2012

Suneel Gupta January 11, 52,833 1.68
Executive Vice President and Chief 2012
Operating Officer


The Company announces that on January 13, 2012 it was notified that an
Executive Officer exercised share purchase warrants, thereby acquiring the
following shares:

Name Date of Warrants Exercise Price
Exercise Exercised (Cdn.$)

Douglas C. Urch January 10,000 2.37
Executive Vice President, Finance and 13, 2012
Chief Financial Officer


The Company announces that on January 13, 2012 it was notified that a Director
sold the following shares:

Name Date of Sale Shares Sold Total Sale Price Total Number of
(Cdn. $) Common Shares Held
After Transaction

Eric Brown January 11, 2012 10,400 49,743 170,766
Director

January 12, 2012 59,600 286,314 111,166


As at January 13, 2012, the Company had 248,003,936 issued and outstanding
common shares.

For further information:

Doug Urch
Executive Vice President, Finance and Chief Financial Officer
Ph: (403) 513-2691

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



(BNK, BNK.)


END

Bankers Petroleum announces management update

CALGARY, Jan. 13, 2012 /CNW/ - 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 Vice Chairman 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:

Abby Badwi President and Chief Executive Officer (403)
513-2694

Doug Urch Executive VP, Finance and Chief Financial (403)
Officer 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



(BNK.)






END

Bankers Petroleum Operational Update For The Fourth Quarter 2011

Current Production Exceeds 16,000 barrels of oil per day

CALGARY, Jan. 9, 2012 /CNW/ - Bankers Petroleum Ltd. ("Bankers" or the
"Company") (TSX: BNK, AIM: BNK) is pleased to announce the following fourth
quarter operational update.

Production and oil prices

Exit 2011 production was 15,535 barrels of oil per day ("bopd"), 9% higher than
the third quarter 2011 exit rate and 30% higher than the 2010 exit rate. With
three new wells drilled in December 2011 and placed on production in the first
week of January, current production is 16,048 bopd.

Average production for the fourth quarter was 13,833 bopd, representing a 5%
increase from 13,232 bopd in the third quarter.

Average oil production for 2011 was 13,051 bopd, 33% higher than 2010
production of 9,806 bopd.

Oil sales from the Patos-Marinza oilfield in Albania during the fourth quarter
averaged 13,399 bopd. Average oil sales for 2011 were 12,784 bopd, 33% higher
than 2010 sales of 9,597 bopd. Crude oil inventory on December 31st was 241,000
barrels, an increase of 40,000 barrels from September 30th.

The Patos-Marinza fourth quarter average oil price was approximately US$71.67
per barrel (representing 66 per cent of the Brent oil price of US$109.31 per
barrel, as compared with the third quarter average oil price of US$74.46 per
barrel (66% of Brent oil). The average oil price for 2011 was US$72.84 per
barrel (66% of Brent oil), a 50% increase from US$48.64 per barrel (61% of
Brent oil) for 2010.

Drilling update and well reactivations

Twenty-six (26) wells have been drilled during the fourth quarter: twenty-five
(25) horizontal production wells and one (1) water disposal well. All of the
horizontal production wells have been completed and are on production.
Eighty-four (84) wells were drilled in 2011: seventy-six (76) horizontal
production wells, two (2) vertical delineation wells, two (2) cyclic steam
horizontal wells, and four (4) water disposal wells.

Several step-out wells in the western extension of the field (Area 3) were
drilled in the fourth quarter. Six (6) of these wells are in the Driza 1
formation with encouraging production rates ranging from 70 to 270 bopd. In
addition, several step-out wells in the southern area of the field (Area 2)
were drilled with three (3) wells in the Upper and Middle Gorani having good
production rates in the range of 90 to 150 bopd. The new production using
horizontal well completions in these formations will contribute to additional
development of recoverable reserves in these areas of the field.

The fifth drilling rig is currently operating at Patos-Marinza and drilling its
third well in the field.

Reactivation and recompletion work continued in the fourth quarter with five
(5) new reactivations and five (5) recompletions, including expansion into the
northern part of the contract area targeting the deeper Bubullima sandstone
formation. The first well in this area (K-8) was reactivated in December and
initial production monitoring is underway with good fluid recovery and early
traces of oil. An additional well will be reactivated in the Bubullima zone
during the first quarter with new drilling activity later in the year as part
of the Company's development plans for this formation and area of the field.

Thermal program

Thermal operations commenced at the southern Patos Cyclic Steam Pilot in
December 2011 with steam test injection into thermal horizontal well 5201. The
steam generator was calibrated and tested at full capacity with injection rates
of 230 m3/d of cold water equivalent steam. The steam generator, well operating
and injection conditions are within forecasted parameters.

Currently, two offset wells have been taken over from the State oil company
("Albpetrol") for remedial work and are being equipped to monitor the adjacent
temperature and pressure conditions during full cycle operation of the Steam
Pilot.

Full steam injection will resume in January and the first production cycle on
the well (5201) is projected to commence later in the first quarter, with
stabilized production results available in the second quarter. The second
thermal horizontal well (5202) will be steamed subsequent to the injection
cycle on the first well, followed by a production cycle later in the year.

Exploration Block "F"

The first Block "F" exploration location has been selected and land access is
underway along with environmental permitting to commence surface lease
construction. This first well is expected to spud in the first quarter of 2012.

Infrastructure development

The first phase of the crude oil sales pipeline, which connects the
Patos-Marinza oilfield to Bankers' storage and loading hub facility at Fier is
built and scheduled to commence operations in January. Construction of the
expanded central treatment facility is finished and will also be operational in
January, expanding Bankers' treating capacity to handle 25,000 bopd.

The Seman River Bridge, in the northern area of the Patos-Marinza oilfield, is
complete and was open for traffic in December.

Kuçova

Water injection into well F-38 commenced in May and two offset wells F34 and
F41 were placed on production in December. The Company intends to expand the
waterflood pilot project with an additional injector and producers in the Ferme
pool and expansion into the Ciflik and Arreza pools later this year.

Environmental initiatives

Environmental cleanup of former Albpetrol leases continued throughout the
fourth quarter. Results of the remediation trials have been tabulated and
Bankers completed the environmental remediation and reclamation of 62 leases
and 5 former pump stations as part of the Sector III project.

Plans have been developed and budget funds allocated for 2012 to continue with
the cleanup of additional leases and remnant hydrocarbon spill material from
historic operations. The plans include expansion of the sludge treatment
facility and the introduction of a commercial high temperature thermal
desorption unit to treat hydrocarbon materials.

Updated Corporate Presentation

For additional information on this operational update, please see the January
2012 version of the Company's corporate presentation at
www.bankerspetroleum.com.

Conference Call

The Management of Bankers will host a conference call on January 9, 2012 at 6:
45am MST to discuss this Operations Update. Following Management's
presentation, there will be a question and answer session for analysts and
investors.

To participate in the conference call, please contact the conference operator
ten minutes prior to the call at 1-888-231-8191 or 1-647-427-7450. A live audio
web cast of the conference call will also be available on Bankers website at
www.bankerspetroleum.com or by entering the following URL into your web browser
http://www.newswire.ca/en/webcast/detail/902171/962215. The web cast will be
archived two hours after the presentation on the website, and posted on the
website for 90 days. A replay of the call will be available until January 23,
2012 by dialing 1-855-859-2056 or 1-416-849-0833 and entering access code
41364101.

Caution Regarding Forward-looking Information

Information in this news release respecting matters such as the expected future
production levels from wells, future prices and netback, work plans,
anticipated total oil recovery of the Patos-Marinza and Kuçova oilfields
constitute forward-looking information. Statements containing forward-looking
information express, as at the date of this news release, the Company's plans,
estimates, forecasts, projections, expectations, or beliefs as to future events
or results and are believed to be reasonable based on information currently
available to the Company.

Exploration for oil is a speculative business that involves a high degree of
risk. The Company's expectations for its Albanian operations and plans are
subject to a number of risks in addition to those inherent in oil production
operations, including: that Brent oil prices could fall resulting in reduced
returns and a change in the economics of the project; availability of
financing; delays associated with equipment procurement, equipment failure and
the lack of suitably qualified personnel; the inherent uncertainty in the
estimation of reserves; exports from Albania being disrupted due to unplanned
disruptions; and changes in the political or economic environment.

Production and netback forecasts are based on a number of assumptions including
that the rate and cost of well takeovers, well reactivations and well
recompletions of the past will continue and success rates will be similar to
those rates experienced for previous well recompletions/reactivations/
development; that further wells taken over and recompleted will produce at
rates similar to the average rate of production achieved from wells
recompletions/reactivations/development in the past; continued availability of
the necessary equipment, personnel and financial resources to sustain the
Company's planned work program; continued political and economic stability in
Albania; the existence of reserves as expected; the continued release by
Albpetrol of areas and wells pursuant to the Plan of Development and Addendum;
the absence of unplanned disruptions; the ability of the Company to
successfully drill new wells and bring production to market; and general risks
inherent in oil and gas operations.

Forward-looking statements and information are based on assumptions that
financing, equipment and personnel will be available when required and on
reasonable terms, none of which are assured and are subject to a number of
other risks and uncertainties described under "Risk Factors" in the Company's
Annual Information Form and Management's Discussion and Analysis, which are
available on SEDAR under the Company's profile at www.sedar.com.

There can be no assurance that forward-looking statements will prove to be
accurate. Actual results and future events could differ materially from those
anticipated in such statements. Readers should not place undue reliance on
forward-looking information and forward looking statements.

Review by Qualified Person

This release was reviewed by Suneel Gupta, Executive Vice President and Chief
Operating Officer of Bankers Petroleum Ltd., who is a "qualified person" under
the rules and policies of AIM in his role with the Company and due to his
training as a professional engineer (member of APEGGA) with over 20 years
experience in domestic and international oil and gas operations.

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 and 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:

Abby Badwi President and Chief Executive Officer (403)
513-2694

Doug Urch Executive VP, Finance and Chief Financial (403)
Officer 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



(BNK.)






END