Mr. Ford Nicholson reports

BNK PETROLEUM INC. RECEIVES ADDITIONAL $2 MILLION PURSUANT TO EXERCISE OF OVER-ALLOTMENT OPTION AND APPOINTS NEW DIRECTOR

The syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and including GMP Securities LP, TD Securities Inc. and Cormark Securities Inc. has exercised its overallotment option to purchase an additional 900,000 common shares of BNK Petroleum Inc. at a price of $2.20 per share for gross proceeds of $1.98-million. The overallotment option was granted to the underwriters in connection with the previously announced bought-deal, short-form prospectus offering which closed on March 26, 2014.

The company is also pleased to announce that Leslie O'Connor has been appointed as a new director of the company. Ms. O'Connor is the managing partner of MHA Petroleum Consultants LLC, a petroleum reservoir management consulting firm. Ms. O'Connor has more than 30 years of worldwide petroleum engineering experience, including property evaluation, reservoir and economic evaluations, petrophysical studies and expert witness testimonies. Ms. O'Connor also held positions with Sproule Associates Inc., Geoquest Reservoir Technologies, Thums Long Beach Company and Dresser Atlas. She is a member of the Society of Petroleum Engineers where she is the recipient of the 2014 SPE regional service award, the SPE 1995 regional service award as well as the 1990 Denver Section service award. She has an extended BSc degree in geology with applied engineering from North Arizona University as well as graduate studies in petroleum engineering from the Colorado School of Mines.

Ford Nicholson, chairman of the board, commented: "We are very pleased to have someone of Leslie's calibre and experience join our team. I believe her experience will be a tremendous benefit to our company and its stockholders. We are very excited to welcome Leslie to our board of directors."