BNK Petroleum Inc. Continues European Shale Gas Concession Acquisition

Calgary, Canada (ots/PRNewswire) - BNK Petroleum Inc.
("BNK" or the "Company") (TSX: BKX) is pleased to announce that it
has been awarded two additional oil and gas concessions, which total
approximately 500,000 acres in one European basin. The granting of
these concessions continues BNK's European shale gas strategy by
providing diversification in multiple basins. BNK's first concessions
were the 600,000 net acres acquired in Poland which were announced
earlier this year.

In accordance with the granting of these latest concessions,
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.

"Our plan is to continue the acquisition of prospective shale gas
acreage in Europe based on the work that our expert team has been
doing for the last 18 months." said Wolf E. Regener, BNK's President
and CEO.

Caution Regarding Forward-looking Information

This document may contain certain forward looking statements
including statements with respect to acquiring additional
concessions, the concessions awarded and the more significant minimum
requirements required to hold said concessions. 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

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES

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.de

Contact:
For further information: Wolf Regener, President and Chief Executive
Officer, +1(805)484-3613, Email: investorrelations@bnkpetroleum.com