Camarillo, California (ots/PRNewswire) – BNK Petroleum Inc. (the “Company”) announces a 31% increase in the estimated net present value of future net revenue (before tax, discounted at 10%) of its Tishomingo shale gas field proved and probable reserves, to US$315 million from US$241 million at 2009 year-end. Proved and probable reserves increased to 39.7 million [...]
Tag Archive > Tishomingo
BNK Reports 2009 Year End Reserve Update
Calgary, Canada, February 27, 2010 (ots/PRNewswire) – BNK Petroleum Inc. (the “Company” or “BNK”)/ is pleased to announce a 182% increase of its Tishomingo shale gas field reported proved and probable reserves (“2P”) to 37.9 million boe from 13.5 million boe at year end 2008. Proved and Probable reserves as of December 31, 2009 were [...]
BNK Petroleum Inc’s European Holdings Grow to 2.1 Million Gross Acres
Calgary (ots/PRNewswire) – BNK Petroleum Inc. (“BNK” or the “Company”) is pleased to announce that it has been awarded two additional oil and gas concessions, which total approximately 770,000 acres net to BNK. These concessions were granted in a European Union Country and bring BNK’s total gross land acquisitions in Europe to 2.1 million acres. [...]
