Bankers' strategy is focused on petroleum assets that have long-life reserves with production growth potential. Employing its knowledge base and technical expertise, the Company is working to optimize its existing assets from the application of primary, secondary and enhanced oil recovery (EOR) extraction technologies, creating long-term value for shareholders. This will be accomplished through the attainment of its main objectives: increasing production, reserves, cash provided by operations and net asset value.

Albania Focus

In pursuing the long-term growth strategy, Bankers is primarily focused on accessing the heavy oil upside from its Albanian assets, which includes the effective implementation of the Patos Marinza development plan as well as applying EOR and secondary extraction techniques to increase the field's recoverable reserves.

Bankers has created a development plan for the Patos Marinza oilfield, having an assessment of 5.7 billions barrels of original-oil-in-place, that entails increased capital expenditures for re-activation of existing wells, vertical and horizontal infill development drilling, as well as the initiation of waterflood development and thermal programs, to substantially increase production and reserves.

Bankers also holds full rights to the Kucova oilfield in Albania, which has 297 million barrels of original-oil-in-place. Bankers will be focused on creating a plan of development for this field, incorporating many of the extraction techniques utilized in the Patos Marinza field.

In addition, the Company's strategy involves identifying and acquiring other potential gas and heavy oil opportunities in Albania to increase overall value.

U.S. Assets Restructure

In July, 2008, Bankers completed a plan of arrangement wherein all of the U.S. operations and assets were split into a new independent company, BNK Petroleum Inc. ("BKX"). BKX commenced trading on the Toronto Exchange on July 10, 2008 (symbol: BKX) and all future activities related to BKX are reported independently.