BNK Petroleum Inc. Announces Increase in Available Credit Under Reserve Based Facility

Camarillo, California, November 11 (ots/PRNewswire) - BNK
Petroleum Inc. (the "Company") announced today that BNK Petroleum
(US) Inc.'s Credit Facility has been amended to increase the amount
of credit available under the borrowing base to US$23.8 million from
US$20 million. The Bank of Oklahoma N.A. is providing this additional
credit line of US$3.8 million. As previously announced on October 25,
2010, Amegy Bank of Texas and its affiliate Vectra Bank Colorado
advanced the Company US$20 million against its US$20 million credit
line. The Company has no current plans to utilize this additional
US$3.8 million in available credit. BNK Petroleum (US) Inc. is the
Company's indirect wholly-owned subsidiary which holds its US oil
and gas interests.

Caution Regarding Forward-Looking Information

Certain statements contained in this news release constitute
"forward-looking information" as such term is used in applicable
Canadian securities laws, including information regarding the
Company's current plans to not use the additional available credit.
Forward-looking information is based on plans and estimates of
management at the date the information is provided and certain
factors and assumptions of management, including that the Company's
financial condition and development plans will not change.
Forward-looking information is subject to a variety of risks and
uncertainties and other factors that could cause plans, estimates and
actual results to vary materially from those projected in such
forward-looking information. Factors that could cause the
forward-looking information in this news release to change or to be
inaccurate include, but are not limited to, the risk that the
Company's financial condition and development plans will change. The
Company undertakes no obligation to update these forward-looking
statements, other than as required by applicable law.

About BNK Petroleum Inc.

BNK Petroleum Inc. is a U.S. based international oil and gas
exploration and production company focused on finding and exploiting
large, predominately unconventional oil and gas resource plays.
Through various affiliates and subsidiaries, the Company owns and
operates shale gas properties and concessions in the United States,
Poland and Germany. Additionally the Company is utilizing its
technical and operational expertise to identify and acquire
additional unconventional projects outside of North America. The
Company's shares are traded on the Toronto Stock Exchange under the
stock symbol BKX.

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

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

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