Block Admission Return

12th Sep 2011 07:00

Bankers Petroleum Ltd. 1700, 255 - 5th Avenue SW Calgary, AB T2P 3G6

Tel: 403 513-2699 Fax: 403 228-9506

September 12, 2011 Block Admission Return

The Company makes the following announcement with respect to the issuance of common shares, options and warrants for the period from March 1, 2011 to August 31, 2011.

COMMON SHARES ISSUED & OUTSTANDING

Warrants Exercised Shares (pursuant to the Outstanding March 2009, 2010 and 2012 Shares Outstanding 1, 2011 Options Exercised warrant issuances) August 31, 2011 246,748,434 733,335 0 247,481,769 OPTIONS OUTSTANDING Exercise Stock Options Stock Price $/ Stock Options Outstanding Options Stock Options Stock Options share Outstanding March 1, 2011 Exercised Granted Cancelled (Cdn.) August 31, 2011 16,915,226 2,500 8.58 7,500 5.10 60,000 9.43 270,000 9.73 75,000 7.81 100,000 8.08 35,000 9.12 23,333 6.96 35,000 8.58 538,333 3.03 8,333 1.68 5,000 1.35 23,334 6.96 8,334 3.60 3,334 1.05 3,334 5.10 1,000,000 8.56 170,000 9.73 35,000 7.43 60,000 7.41 133,333 1.71 35,000 6.65 50,000 6.56 35,000 5.82 2,200,000 4.84 TOTALS: 16,915,226 -733,335 +3,920,000 -263,333 19,838,558

Stock Options are issued in accordance with the Bankers Stock Option Plan.

WARRANTS OUTSTANDING Warrants Exercise Outstanding Price $/ Warrants Warrants Warrants Warrants share Outstanding March 1, 2011 Exercised Issued Cancelled (Cdn.) August 31, 2011 4,863,066 0 0 0 TOTALS: 4,863,066 4,863,066

On October 1, 2008 the Company applied to AIM for a blocklisting entitlement of 19,099,529 of common shares. As at August 31, 2011, 8,203,856 common shares are remaining under this blocklisting entitlement.

As at August 31, 2011, the total capitalization of the Company is 247,481,769 common shares, 19,838,558 options and 4,863,066 warrants.

This press release is being issued in compliance with the rules of the AIM market of the London Stock Exchange.

For more information please contact:

Douglas Urch

Executive VP, Finance & Chief Financial Officer

(403) 513-2691(403) 228-9506 AIM NOMAD:Canaccord Genuity Limited

Ryan Gaffney/ Henry Fitzgerald-O'Connor

+44 20 7050 6500 AIM JOINT BROKERS:Canaccord Genuity Limited MacquarieCapital Advisors

Ryan Gaffney/ Henry Fitzgerald-O'Connor

Ben Colegrave/Paul Connolly+44 20 7050 6500 +44 20 3037 5639

XLON

---

Related Shares:

BNK.L