BNK Petroleum Inc. announces management addition

CALGARY, March 4 /CNW/ - BNK Petroleum Inc. ("BNK" or the "Company") (TSX: BKX) is pleased to announce that effective March 8, 2010 Warren Nelson will join the Company in our Camarillo office as Vice President. As of April 1, Mr. Nelson will become BNK's permanent CFO. Mr. Nelson is a CPA, has his MBA in Finance from the University of California, Berkeley, California and brings over 30 years of corporate experience to BNK.

Among other positions, Mr. Nelson's career has included Chief Accounting Officer and Acting CFO of Smith International Inc., the NYSE Listed Fortune 500 multi-national manufacturer of products and services to the oil service industry; CFO, and in his last year CEO, of Huntway Refining Company, a NYSE publicly traded refiner; Interim CFO of Venoco, Inc. a U.S. oil and gas producer; founder and Director of AmeriTies Holdings; and Audit Manager at Price Waterhouse & Co.

Mr. Nelson will replace Mr. Juneyt Tirmandi who has been BNK's interim CFO since the spin off of BNK from Bankers Petroleum, Ltd. and who will be resigning at the end of March to pursue other projects. Mr. Tirmandi will continue to assist BNK through the transition of the closing of our Calgary office and bringing all accounting functions to our U.S. office. "We would like to thank Juneyt for all his work through the spin off and the transformation of our company", said Wolf Regener, BNK's President and CEO. "I appreciate all his work and wish him all the best in his future ventures. I also am thrilled to have Mr. Nelson join our Company. His vast experience in various public companies, international work, and audit background makes him a great addition to our management team."

About BNK Petroleum Inc.

BNK Petroleum Inc. is a U.S. based oil and gas exploration and production company focused on finding and exploiting large predominately unconventional oil and gas resource plays. The Company holds and operates shale gas wells in the United States. Additionally the Company is utilizing its technical and operational expertise to identify and acquire unconventional projects outside of North America. The Company's shares are traded on the Toronto Stock Exchange under the stock symbol BKX.

NEITHER THE TSX EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

For further information: Wolf Regener, President and Chief Executive Officer, [phone], Email: [email protected], Website: www.bnkpetroleum.com