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Article: Bankers Petroleum Demonstrates Strong Revenue and Funds from Operations Gains in Third Quarter 2006.

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PR Newswire
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November 10, 2006
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Continued Momentum in U.S. Exploration Program While Expanding Scope of Albanian Development

Unless otherwise noted, all figures contained in this release are in U.S. dollars.

CALGARY, Nov. 9 /PRNewswire-FirstCall/ -- Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) today announced improved third quarter results. Revenue for the quarter more than doubled to $9.2 million compared to $3.7 million in the third quarter of 2005. Funds from operations were $3.0 million, compared to cash used in operations of $94,000 for the comparable period in 2005.

"Our results in Albania continue to improve due to the activities of our strong operational team," said ...

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