Article: united states : Bankers Petroleum provides operational and corporate update.

Byline: manish03

Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) is pleased to announce the following operational and corporate updates.

Production

Third quarter production averaged 5,881 bopd from the Patos Marinza oil field in Albania compared to second quarter production of 5,826 bopd. Net oil inventory at the end of September was 5,660 barrels higher compared to the second quarter inventory. Timing of successful re-activation and new wells being placed on production impacted average production for the quarter, however, exit production rate exceeded 6,200 bopd and the Company is on track to meet its production target of 7,000 bopd by the end of ...

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