BANKERS PETROLEUM ANNOUNCES SECOND QUARTER
2016 FINANCIAL RESULTS DATE

CALGARY, August 4, 2016 – Bankers Petroleum Ltd. (“Bankers” or the “Company”) (TSX: BNK, AIM: BNK) is scheduled to release its second quarter 2016 financial results and updated corporate presentation on Thursday, August 11, 2016 at 5:00 am MDT (7:00 am EDT, 12:00 pm BST).

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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 and Eastern Europe.  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”.  In 2015 Bankers acquired an 85% interest in the rights to explore the Püspökladány Block concession within the Pannonian Basin located in north eastern Hungary.  The Bankers Shares are traded on the TSX and the AIM Market in London, England under the stock symbol BNK.

For further information, contact:

David French                       President and Chief Executive Officer                                              (403) 513-6930
Doug Urch                           Executive VP, Finance and Chief Financial Officer                           (403) 513-2691
Laura Bechtel                      Investor Relations and Corporate Communications Specialist             (403) 513-3428

Email: investorrelations@bankerspetroleum.com

Website: http://www.bankerspetroleum.com/

AIM NOMAD:

Canaccord Genuity Limited
Henry Fitzgerald-O’Connor
+44 0 207 523 8000

AIM BROKER AND FINANCIAL ADVISOR:

FirstEnergy Capital LLP
Hugh Sanderson / David van Erp
+44 0 207 448 0200

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