TSXgroup

July 8, 2008

BNK Petroleum Inc. - (the "Company") - An application has been granted for the original listing in the Oil and Gas category of up to 59,554,445 common shares ("Common Shares") of which up to 54,140,405 Common Shares will be issued and outstanding and up to 5,414,040 Common Shares will be reserved for issuance.

The common shares will be listed and posted for trading on a "when issued" basis at the opening on Thursday, July 10, 2008.

The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.

The common shares will be distributed to common shareholders of record of Bankers Petroleum Ltd. ("Bankers") as at 4:30 p.m. (Calgary time) on July 14, 2008 on the basis of one (1) common share of the Company for each ten (10) common shares of Bankers held as at the record date.

See elsewhere in today's TSX Bulletins for information regarding the distribution of the Company's common shares to the Bankers common shareholders.

Stock Symbol: "BKX"
CUSIP: 05570P 10 3
Trading Currency: CDN

Temporary Market Maker: Dundee Securities Corp.

Other Markets: None.

Head Office Address: Suite 400, 906 12th Avenue SW
Calgary, AB T2R 1K7

Head Office Telephone Number: (403) 513-2699

Fax Number: (403) 228-9506

Investors Relations: C. S. (Juneyt) Tirmandi
Tel: (403) 513-2699
Email: jtirmandi@bankerspetroleum.com

Chief Financial Officer: C. S. (Juneyt) Tirmandi

Corporate Secretary: Richard Pawluk

Incorporation: The Company was incorporated on May 26, 2008 under the Business Corporations Act (British Columbia) as a wholly-owned subsidiary of Bankers.

Fiscal Year End: December 31

Nature of Business: The Company is involved in the exploration, development and production of oil and natural gas reserves in the United States, primarily Oklahoma, Texas, New York, Mississippi and Alabama.

Transfer Agent & Registrar: Computershare Investor Services Inc. at its principal offices in Calgary, and Toronto.

Dividends: The Company has not paid any dividends on its Common Shares. Any decision to pay dividends on Common Shares in the future will be made by the board of directors on the basis of the earnings, financial requirements and other conditions existing at such time.