| Bankers Petroleum announces obtaining commitment to resolve outstanding audit through international third-party | |
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CALGARY , Sept. 14, 2015 /CNW/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) is pleased to announce that it has obtained a commitment from the Albanian National Agency for Natural Resources (AKBN) to engage a third-party international auditor to resolve an outstanding audit regarding eligible operating and capital expenses for cost recovery, as has been previously disclosed in the company's financial statements.
Over the coming weeks, the parties will select an international auditor and expect to reach a conclusion on the matter over the next several months. This effort is expected to also resolve a recently received tax balance assessment of US$57 million based on the aforementioned outstanding audit.
"This represents a significant step towards enhancing transparency in the administration and regulation of oil and gas activities in Albania. Bankers views this commitment by the authorities as an important milestone in the ongoing improvement of our operations." commented David French , President and Chief Executive Officer of Bankers Petroleum.
About Bankers Petroleum Ltd.
Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration and production company focused on developing large oil and gas reserves. In Albania , Bankers operates and has the full rights to develop the Patos-Marinza heavy oilfield, has a 100% interest in the Kuçova oilfield, and a 100% interest in Exploration Block "F".London, England under the stock symbol BNK.
SOURCE Bankers Petroleum Ltd.
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Bankers Petroleum Ltd.
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CODE : BNK.TO |
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CUSIP : 38142Q |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Bankers Petroleum est une société d’exploration minière de pétrole basée au Canada. Bankers Petroleum est productrice de pétrole, de gaz en Albanie, et détient divers projets d'exploration en Albanie. Son principal projet en production est PATOS-MARINZA en Albanie et ses principaux projets en exploration sont KUÇOVA et KUCOVA HEAVY OILFIELD en Albanie. Bankers Petroleum est cotée au Canada, au Royaume-Uni et en Allemagne. Sa capitalisation boursière aujourd'hui est 2,8 milliards CA$ (2,1 milliards US$, 1,9 milliards €). La valeur de son action a atteint son plus bas niveau récent le 31 décembre 2007 à 0,35 CA$, et son plus haut niveau récent le 26 avril 2024 à 10,81 CA$. Bankers Petroleum possède 261 560 000 actions en circulation. |