Bankers Petroleum Ltd (TSE:BNK) to Release Q1 2008 Earnings May 12

Bankers Petroleum Ltd (TSE:BNK) will release the first quarter earnings for 2008 on Monday, May 12. 

Bankers Petroleum Ltd. (Bankers) is a Canada-based oil and gas exploration and production company focused on maximizing the value of its heavy oil assets in Albania and shale natural gas assets in the United States.

Bankers operates in two international areas: Albania (located northwest of Greece in South Eastern Europe), and the United States, through its subsidiaries, Bankers Petroleum Albania Ltd. and Bankers Petroleum (US) Inc.

In Albania, Bankers operates and has the rights to develop Patos Marinza heavy oilfield pursuant to a 25 year license agreement. The Patos Marinza oilfield is an onshore oilfield in continental Europe, holding approximately two billion barrels of original oil in place.

In the United States, the Company holds an average 75% working interest in an aggregate of approximately 400,000 net acres, covering four prospects in the Northern and Central regions of the United States.

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