Bankers Petroleum Ltd.
Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration and production company focused on maximizing the value of its heavy oil assets in Albania. Bankers Petroleum Ltd. is targeting growth in production and reserves through application of new and proven technologies by a strong experienced technical team. Bankers main operations are in Albania (located northwest of Greece in South Eastern Europe). Bankers Petroleum Ltd. has oil exploration and production operations in the southeastern European country of Albania. Bankers has about 200 active oil wells and the leased rights from the Albanian government to extract crude from two large oil reserves near the Adriatic Sea. Patos Marinza, Europe's largest onshore oilfield, produces almost 7,000 barrels of oil per day from proven reserves of 2 billion barrels. The Kucova oilfield holds more than 300 million barrels of proven reserves; Bankers Petroleum expects to begin production there in 2009.
Contact Details
Executives
President and CEO
Abby F. Badwi
VP Finance and CFO
Douglas C. Urch