Business
Bankers Petroleum temporarily shuts-in production due to a business interruption at the port
Bankers Petroleum temporarily shuts-in production due to a business interruption at the po...
About this update from Big Banc Split Corp. Class A
[{"type":"text","content":"\n\n\n\nBankers Petroleum temporarily shuts-in production due to a business interruption at the port\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nBankers Petroleum temporarily shuts-in production due to a business interruption at the port\nCanada NewsWire\nCALGARY, June 2, 2016\n\n\n\nCALGARY, June 2, 2016 /CNW/ - Bankers Petroleum Ltd. (\"Bankers\" or the \"Company\") (TSX: BNK, AIM: BNK) began temporarily shutting-in production early this morning in Albania due to the previously announced business interruption at the Petrolifera Italo Albanese (\"PIA\") Terminal port facility near Vlore, Albania. The suspension of the export terminal over the past week has led to a shortage of available crude storage at the port facility as well as within the Patos-Marinza oilfield. The Company expects the suspension to be lifted in the coming days, allowing Bankers to resume operations. \n\n------------\n\nAbout Bankers Petroleum Ltd.\n\nBankers Petroleum Ltd. is a Canadian-based oil and gas exploration and production company focused on developing large oil and gas reserves in Albania and Eastern Europe. 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\". In 2015 Bankers acquired an 85% interest in the rights to explore the Püspökladány Block concession within the Pannonian Basin located in north eastern Hungary. The Bankers Shares are traded on the TSX and the AIM Market in London, England under the stock symbol BNK.\n\nCaution Regarding Forward-looking Information \n\nCertain information set forth in this press release, including information and statements which may contain words such as \"could\", \"plans\", \"intends\" \"should\", \"anticipate\", \"expects\", \"will\", \"propose\", \"opportunity\", \"future\", \"continue\", and similar expressions and statements relating to matters that are not historical facts, contain forward-looking statements, including but not limited to statement...