BNK Petroleum Inc. Announces Acreage in New Basin

Camarillo, California (ots/PRNewswire) - BNK Petroleum
Inc. (the "Company") announced today that its wholly owned
subsidiary Trofagas Hidrocarburos, S.L., has been awarded an oil and
gas concession in the Autonomous Community of Cantabria, Spain
totalling approximately 61,470 acres. This concession brings the
Company's total acreage in Europe to about 3.6 million net acres in 5
separate basins.

This new concession located in the Cantabrian basin of Spain was
acquired for a shale gas target. The Concession contains certain
minimum requirements, which 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, drilling one
vertical well each in years two, four, five and six.

Wolf E. Regener, BNK's President and CEO, commented, "We are very
pleased that we have been granted our first concession in Spain and
are encouraged by the data we have gathered over the last two years.
The shale gas data collected in Spain looks very promising. We look
forward to developing shale gas in Spain both for our shareholders
and the country of Spain."

Poland

The Company also announced today that the Lebork S1 well on the
Slupsk Concession is currently drilling at 3,517 meters, with over
220 meters of core taken. The core will be analyzed over the coming
weeks. The Company anticipates that it will complete drilling and
logging in the next week, at which time it will release an update
with the available data. The majority of the analyses of the sidewall
cores from the Wytowno #1 well are expected back from the
subcontractor in May. The 1st well on the Starogard concession is
expected to begin drilling sometime in June.

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 and expectations regarding the Lebork S1 well
and Wytowno #1 well, including as to expected timing of availability
of data and analyses and anticipated commencement of drilling of the
first well on the Starogard concession. Forward-looking information
is based on plans and estimates of management at the date the
information is provided and is subject to certain factors and
assumptions of management, including that no unforeseen delays,
unexpected geological or other effects, equipment failures,
permitting delays, labor or contract disputes are encountered as well
as that the Company's the financial condition and development plans
of the Company and its co-venturers 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 occurrences such as those referred to
above may occur and result in delays, or cessation in planned work,
and that the Company's financial condition and development plans of
the Company or the other participants in the concessions will change
as well as the other risks and uncertainties applicable to
exploration activities and to the Company as set forth in the
Company's management discussion and analysis and its annual
information form both of which are available for viewing under the
Company's profile at http://www.sedar.com . 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,
and Europe. 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, contact:
Wolf E. Regener +1-805-484-3613
Email: investorrelations@bnkpetroleum.com
Website: http://www.bnkpetroleum.com
760 Paseo Camarillo, Suite 350
Camarillo, California 93010
Phone: +1-805-484-3613
Fax: +1-805-484-9649

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

Contact:
For further information, contact: Wolf E. Regener+1-805-484-3613,
Email: investorrelations@bnkpetroleum.com; 760 PaseoCamarillo, Suite
350, Camarillo, California 93010, Phone: +1-805-484-3613,Fax:
+1-805-484-9649