09:48 AM EST - Bankers Petroleum Ltd. : announce the Company's first-quarter operational update. Average production from the Patos-Marinza and Kuçova oilfields in Albania for the first quarter of 2015 (Q1) was 19,767 barrels of oil per day (bopd), 2.7% less than 20,324 bopd in the fourth quarter of 2014 (Q4).Bankers drilled two wells in the Bubullima reservoir sands in the Patos Marinza field during Q1 with positive results. The 30-day average production rate from the wells is approximately 200 bopd per well at 75% watercut and 16 degrees API lighter quality oil. The Company plans to drill two to three additional Bubullima wells in 2015 utilizing recent 3D seismic data for prospect evaluation. Bankers Petroleum Ltd.
shares T.BNK are trading unchanged at $3.05.
