Bankers Petroleum Limited Re-filing of MD&A for period ended Sept. 30, 2015

 
TIDMBNK 
 
Bankers Petroleum announces re-filing of Management's Discussion and Analysis 
                    for the period ended September 30, 2015 
 
CALGARY, Jan. 27, 2016 /CNW/ - Bankers Petroleum Ltd. ("Bankers" or the " 
Company") (TSX: BNK; AIM: BNK) announces that it has re-filed its Management's 
Discussion and Analysis of financial results for the three and nine months 
ended September 30, 2015 (the "MD&A") as a result of a review by the Alberta 
Securities Commission pursuant to its ongoing continuous disclosure review 
program. This was done in an effort to clarify and expand upon its continuous 
disclosure regarding the financial covenants contained in the Company's credit 
facilities. 
 
The MD&A has been re-filed to include additional disclosure in respect of the 
financial covenants to which the Company is subject to pursuant to the terms of 
its credit facilities, including calculations and related explanations of the 
Company's compliance with such covenants. Additional disclosure has also been 
provided regarding provisions relating to the availability of funds pursuant to 
the credit facilities provided by the International Finance Corporation and the 
European Bank for Reconstruction and Development. 
 
In connection with the re-filing of the MD&A, the Company has filed Form 
52-109F2R certificates for each of the Company's Chief Executive Officer and 
Chief Financial Officer pursuant to the provisions of National Instrument 
52-109 - Certification of Disclosure in Issuer's Annual and Interim Filings. 
 
The re-filed MD&A and related Form 52-109F2R certificates are available under 
the Company's profile on www.sedar.com. 
 
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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. 
 
David French, President and Chief Executive Officer, [phone]; Doug Urch, 
Executive VP, Finance and Chief Financial Officer, [phone]; Laura 
Bechtel, Investor Relations Analyst, [phone]; Email: 
[e-mail], Website: www.bankerspetroleum.com; AIM 
NOMAD: Canaccord Genuity Limited, Henry Fitzgerald-O'Connor / Wei Loon Yap, +44 
0 207 523 8000; AIM BROKER: FirstEnergy Capital LLP, Hugh Sanderson / David van 
Erp, [phone] 
 
 
 
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(END) Dow Jones Newswires

January 28, 2016 02:00 ET (07:00 GMT)