BNK Petroleum Inc.

BNK Petroleum Inc. Adds a Sixth European Shale Gas Concession

    Calgary, Canada (ots/PRNewswire) - BNK Petroleum Inc. ("BNK" or the "Company")  is pleased  to announce that it has been awarded an additional 300,000 acre oil and  gas concession in a European Union country. The granting of this  concession brings BNK's 2009 total land acquisitions in Europe to 1.4  million acres, and provides further diversification by now having projects in  3 distinct basins.

    In accordance with the granting of this latest concession, certain  minimum requirements must be fulfilled by BNK to retain its interest. Some of  the more significant minimum requirements consist of conducting geological  work in the first year, acquiring seismic in the second year, drilling one  vertical well in both years three and four, and the drilling of one  horizontal well in year five within each concession area.

    Caution Regarding Forward-looking Information    

    This document may contain certain forward looking statements including  statements with respect to, the concession awarded and the more significant  minimum requirements required to hold the concession. The forward-looking  information is based on current expectations that involve a number of risks  and uncertainties, which could cause actual results to differ materially from  those anticipated. These risks include, but are not limited to: the risks associated with the oil and gas industry and BNK's ability to identify  suitable drilling locations (e.g., operational risks in development,  exploration and production; delays or changes in plans with respect to  exploration or development projects or capital expenditures; the uncertainty  of reserve estimates; the uncertainty of estimates and projections relating  to production, costs and expenses, and health, safety and environmental  risks), risk associated with equipment procurement and equipment failure,  risks related to international operations and doing business in foreign jurisdictions, the risk of commodity price and foreign exchange rate fluctuations, risks related to future royalty rate changes and risks and  uncertainties associated with securing and maintaining necessary regulatory  approvals.

    For a description of the risks and uncertainties facing BNK and its  business and affairs, readers should refer to BNK's Annual Information Form  for the year ended December 31, 2008, which is available at  http://www.sedar.com. The Company assumes no obligation to update or revise  the forward-looking information to reflect new events or circumstances,  except as required by law. The reader is cautioned not to place undue  reliance on forward-looking statements.

    About BNK Petroleum Inc.    

    BNK Petroleum Inc. is a California based oil and gas exploration and  production company focused on finding and exploiting large oil and gas  resource plays. The Company holds an average of 50% interest in the  Tishomingo gas field in Oklahoma and varied interests in three other areas  in the Northern and Central regions of the United States and in Europe,  where it is currently pursuing the exploration, development and production  of shale and tight sand gas plays. The Company's shares are traded on  the Toronto Stock Exchange under the stock symbol BKX.

    NEITHER THE TSX EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT  TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS  RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

    For further information: Wolf Regener, President and Chief Executive  Officer, +1-805-484-3613, Email: investorrelations@bnkpetroleum.com, Website: http://www.bnkpetroleum.com

ots Originaltext: BNK Petroleum Inc
Im Internet recherchierbar: http://www.presseportal.ch

Contact:
CONTACT:  For further information: Wolf Regener, President and
ChiefExecutive Officer, +1-805-484-3613,
Email:investorrelations@bnkpetroleum.com, Website:
http://www.bnkpetroleum.com



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