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Last updated on April 23, 2014 at 16:13 EDT

BNK Petroleum Inc. Notifies of Transportation Incident in Poland

August 13, 2012

CAMARILLO, CA, Aug. 13, 2012 /PRNewswire/ – BNK Petroleum Inc. (“Company“) announces that it has been advised of a transportation incident
during the drilling rig move between the Gapowo B-1 and Miszewo T-1
wells.  A tank truck, subcontracted by MDW S.A. (“MDW“), a company specializing in the transportation of drilling muds and
responsible for the handling and managing of fluids between the two
wellsites, was transporting approximately 16 m(3) of fresh water drilling mud when it overturned on the Kaszubskie
roundabout near the town of Bytow.  There were no injuries and no other
vehicles were involved in the incident.  Initial figures estimate that
approximately 12 m(3) of the fresh water mud spilled into the road culvert.  The drilling mud
is used during drilling operations and is comprised primarily of fresh
water and bentonite (clay).  Very small quantities of non-toxic
additives were also present in the mud such as polymers, xantham gum
and sodium bicarbonate as well as approximately 0.1% of biocide. 
According to Schlumberger Oilfield Eastern Limited Sp. z o.o., the mud
additives company, this small quantity of biocide is non-toxic at this
dilution level.   The Company praises the local police and fire
departments on their immediate professional response.

The Company’s President and Chief Executive Officer, Wolf Regener
commented: “In keeping with our commitment to the environment and safe
and sustainable development, management and personnel of the Company’s
subsidiary in Poland have been mobilized to assist MDW and local police
and fire departments in coordinating mitigation and clean-up
operations.”

About BNK Petroleum Inc.

BNK Petroleum Inc. is an international oil and gas exploration and
production company focused on finding and exploiting large,
predominately unconventional oil and gas resource plays. Through
various affiliates and subsidiaries, the Company owns and operates
shale gas properties and concessions in the United States, Poland,
Spain and Germany. Additionally the Company is utilizing its technical
and operational expertise to identify and acquire additional
unconventional projects outside of North America. The Company’s shares
are traded on the Toronto Stock Exchange under the stock symbol BKX.

SOURCE BNK Petroleum Inc.


Source: PR Newswire