January 7, 2015


AIM: BNK

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

Employee Stock Savings Plan Quarterly Update

Further to the Company's announcement of January 16, 2013 regarding the
implementation of an Employee Stock Savings Plan ("ESSP"), Bankers Petroleum
announces that during the quarter ending December 31, 2014, the following
purchases were made by senior employees:


Name      Date of Purchase  Number of  Employer's   Purchase  Employer's    Resulting Resulting
                            Common                  Price     Contribution  Number of Holding as at
                            Shares     Contribution (Cdn. $)  Vested(2)     Common    31 December
                            Purchased  (1)                                  Shares    2014 as
                                                                            held as   % total
                                                                            at 31     voting rights
                                                                            December
                                                                            2014



David French,   October 15  548        548          4.15      518           181,560   0.1%
President and
Chief Executive October 31  537        537          4.22      524

Officer         November 15 511        511          4.45      543

                November 30 657        657          3.46      520

                December 15 847        847          2.68      490

                December 31 726        726          3.13      478



Douglas C. Urch October 15  361        361          4.15      342           1,036,122 0.4%
- Executive
Vice President, October 31  355        355          4.22      346
Finance and
Chief Financial November 15 338        338          4.45      359
Officer
                November 30 433        433          3.46      343

                December 15 560        560          2.68      323

                December 31 480        480          3.13      315



Suneel Gupta -  October 15  361        361          4.15      342           460,315   0.2%
Executive Vice
President and   October 31  355        355          4.22      346
Chief Operating
Officer         November 15 338        338          4.45      359

                November 30 433        433          3.46      343

                December 15 560        560          2.68      323

                December 31 480        480          3.13      315




(1)   These shares are the matching shares purchased by the Company, which
shall vest to the shareholder twelve months from the date of purchase, provided
the shareholder is still an employee of the Company.


(2)   These shares are the matching shares purchased by the Company twelve
months ago and are now vested to the shareholder.


As previously announced, under the ESSP, employees may use up to 10% of their
salary (matched equally by the Company) to purchase Bankers Petroleum shares on
the Toronto Stock Exchange, on each pay period (midmonth and month-end). David
French, Douglas Urch and Suneel Gupta elected to participate in the plan, with
a participation level of 10% of each of their respective salaries.

It is expected that the next quarterly announcement in respect of purchases
under the ESSP will be made on or around April 1, 2015.


For further information, contact:

Doug Urch
Executive VP, Finance and Chief Financial Officer
Ph: (403) 513-2691
Email: investorrelations@bankerspetroleum.com
Website: www.bankerspetroleum.com

AIM NOMAD:
Canaccord Genuity Limited
Henry Fitzgerald-O'Connor
+44 0 207 523 8000

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

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