Bankers Petroleum announces enhancement of senior engineering management

CALGARY, Sept. 9, 2013 /CNW/ - Mr. David French, President and Chief Executive Officer of Bankers Petroleum Ltd. ("Bankers"), is pleased to announce the appointment of Bruce Beveridge to the position of Vice President, Engineering, and Andrew Seto, to the position of Development Engineering Director.

Together, Mr. Beveridge and Mr. Seto will oversee and provide guidance to those teams responsible for the reservoir performance of our active drilling program and implementation of our Secondary and Tertiary development. Additionally, Mr. Beveridge will be responsible for the technical design of our surface facilities to support our growth.

Mr. Beveridge joins Bankers with over 30 years of domestic and international engineering experience in the oil and gas industry. Most recently he held the role of Vice President and Chief Operating Officer at Barrick Energy Inc. Throughout his career Mr. Beveridge has held various Senior Management and Engineering positions at Apache Canada, Shell Canada Ltd. and Canterra Energy Ltd.

Mr. Seto has nearly 30 years' experience in technical engineering positions within the oil and gas industry. For the past three years, Mr.Seto held the position of Chief Reservoir Engineer & Senior Manager, Reservoir Engineering & Simulation with Penn West Petroleum. Prior to working at Penn West, he worked at Pengrowth Energy, APA Petroleum Engineering, Husky Energy, Crestar Energy and Imperial Oil Resources.

"I am excited to announce the expansion of our leadership team. Together, Mr. Beveridge and Mr. Seto bring a wealth of experience to our team that will play an important role in ensuring that we continue to deliver reliable, disciplined growth for our shareholders." said David French, President and Chief Executive Officer of Bankers Petroleum.

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, 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". Bankers' shares are traded on the Toronto Stock Exchange and the AIM Market in London, England under the stock symbol BNK.

SOURCE Bankers Petroleum Ltd.