11:44 AM EST - Bankers Petroleum Ltd. : Announced the results of its December 31, 2015, independent reserves evaluation. EOR reserve volumes doubled in the Patos-Marinza oilfield increasing to 4.6, 14.7, 21.1 and 27.3 million barrels on a Proved Developed Producing (PDP), Proved (1P), Proved plus Probable (2P), and Proved Probable plus Possible (3P) basis, respectively; 1P Reserves remained constant at 125 million barrels with after tax value (discounted at 10%) down 12% to $648 million U.S. (representing $3.42 Canadian per share). Bankers Petroleum Ltd.
shares T.BNK are trading up $0.10 at $1.02.
