Bankers Pet Share Discussion Threads

[malkiel] 27/5/2014 16:52

Up 5.9% today to 375. Value of this share is being recognised by the market.

[malkiel] 18/5/2014 11:02

This could stimulate more interest in this underrated share:

Bankers Petroleum to Host 2014 Investor Day
CALGARY, May 13, 2014 /PRNewswire/ - Bankers Petroleum Ltd. is pleased to announce that it will hold an Investor Day presentation for analysts and institutional investors in Toronto and London in June.
Members of the Company's Management and technical team will present on the topics of cost structure, early-stage polymer and water flood results as well as the 5-year plan for the Company.
Toronto - June 9 and London- June 11
Event Details
Toronto, Canada
One King West Hotel
Monday, June 9, 2014
12:00 pm - 3:00 pm

London, England
The May Fair Hotel
Wednesday, June 11, 2014
8:00 am - 11:00 am
Institutional investors and analysts that are interested in attending are requested to register by emailing Laura Bechtel at for further details on the 2014 Investor Days. Webcast detail will be announced prior to the event.

[malkiel] 04/5/2014 09:43

Thanks to JGraham3000 on Stockhouse.
Albania's Fertile Grounds for Oil Opportunities

Frank Holmes, CEO and Chief Investment Officer, U.S. Global Investors writes:

This was my third trip to Albania. I last visited the country in 2004 when we were seed investors in another oil play there, Bankers Petroleum. Today Bankers' Albanian discovery is the largest onshore oilfield in all of Europe. The company is now close to 40 percent of Albania's FDI and is reinvesting all cash flow back into the country, about $300 million per year. Bankers has done an amazing job cleaning up the environmental disaster left behind by previous operators of the assets which Bankers is developing. Today the fields are green and sheep roam freely. Old and dirty early rigs have been replaced with new safer, cleaner technology.
So much has changed since my last visit. The country is more prosperous and more verdant. Capital city Tirana's infrastructure and roads have improved by a quantum leap in the past 10 years. Every morning I ran in Rinia Park, the large central public park, with Marin Katusa of Casey Research. We were impressed with the hundreds of locals jogging at 7 a.m.

[billy_buffin] 02/5/2014 12:39

Bankers Petroleum Now Covered by Credit Suisse (BNK)

[malkiel] 02/5/2014 10:58

Analysts at Dundee Securities increased their target price on shares of Bankers Petroleum (TSE:BNK) from C$7.70 to C$7.90 in a research report issued to clients and investors on Wednesday, AnalystRatingsNetwork.com reports. The firm currently has a "buy" rating on the stock. Dundee Securities' target price would suggest a potential upside of 43.64% from the company's current price.

[fangorn2] 01/5/2014 11:22

Appreciate the deets Malkiel.

This one kind of run away from me. Was looking at it when it was back C$3.50 but never bought. Gutted to see it C$5.90+

[malkiel] 01/5/2014 10:05

Bankers Petroleum Operational Update for the First Quarter 2014
Production, Sales and Oil Prices
Average production from the Patos-Marinza oilfield in Albania for the first quarter of 2014 was 19,911 barrels of oil per day (bopd), 3.2% higher than 19,303 bopd in the fourth quarter of 2013.
Oil sales during the quarter averaged 18,435 bopd, 6.5% lower than the previous quarter average of 19,710 bopd as a result of the final export cargo of the quarter slipping into the second quarter due to weather delays. The crude oil inventory at March 31, 2014 increased 43% to 444,000 barrels, 133,000 barrels higher than 311,000 barrels at December 31, 2013.
The Patos-Marinza first quarter average oil price was approximately $87.35 per barrel (representing 81% of the Brent oil price of $108.22 per barrel), as compared with the fourth quarter average oil price of $85.71 per barrel (representing 78% of the Brent oil price of $109.27 per barrel).

[g1lo] 21/4/2014 12:25

Enjoy ur day uncle john and see u some time on the SLE thread. Could become interesting from tomorrow with bkx about to finally,frack their horizontal and late share price surge last thursday

[uncle john] 21/4/2014 10:28

Apols also for OT. - Management at SLE not sharpest knives in the box likewise the Aurelian team pre merger.
Negatives are:- Deep Water, need floating kit not jack-up, very high pressure x2 typical well pressures, and low viscosity but it does flow.
I am also invested (if invest is the accurate word) in GKP!
Enjoy rest of week-end, I'm off into sunshine for an hour or two.

[g1lo] 21/4/2014 09:13

UJ - or Shell. This Albanian licence seems Great to,own but a real pain to JV. So tells me That after years of trying, it obviously Can t be as promisung as we would like it to be otherwise it would have been snapped up a long time ago...comme e i m wrong. Sorry for ot

[uncle john] 17/4/2014 22:46

You could do some of us a favour and expand the company by buying the off-shore Albania project from SLE. SLE has 80 licenses over several countries, we surely don't need 'em all!
It is discovered, high pressure and heavy which BNK understands.
Simples!

[buy curious] 29/11/2013 11:07

This seems fair value for the current production and reserves.

Where is the future growth here?

The main reason to invest here would be as a takeover target, but that is a risky game to play.

Is there a dividend payable on this stock?

.

[fuiseog] 08/11/2013 14:48

Good Q3/13 from Bankers, showing significant progress YOY on all fronts.

[fangorn2] 09/4/2013 13:36

Your link isn't to Bankers Petroleum "BNK" btw



After all this Bankers is in Albania. And it's at least C$2.57 not the C$0.87 that you link too..

Wrong company!!! But then if you weren't a directorstalk bot reincarnation you'd know that

[hawks11] 09/4/2013 07:22

I listened to their latest podcast. As usual work in progress.

David French the new CEO, about 40% through spelled out some reasons why he joined the company.
The language was a bit technical at times but for me was more of the same as I have listened to a few now.
The two paragraphs starting with, "Exploration for oil is a speculative business that involves a high degree of risk." says it all I suppose so I will keep watching.

[fangorn2] 08/4/2013 20:39

Perhaps investors were underwhelmed by this...
Bankers Petroleum Limited Operational Update for the First Quarter 2013



Bankers have certainly had a tough ride recently. Not been following them that closely. anyone have an inside scoop.Albania not seen favourably?

[hawks11] 08/4/2013 20:36

So US$3.72 = £2.4399 and the share price currently is considerably below that not even counting 2P and 3P.
Thanks for the above summary Boilerboy, I have just noticed, "Warrants are listed on the TSX under the symbol BNK.WT and on AIM under the symbol BNKW. Its' 2012 Warrants are listed on the TSX under the symbol BNK.WT.A."
They didn't used to have warrants over here so I will have to look at that.