Mr. David French reports

BANKERS PETROLEUM ALBANIA ACTIVATED EMERGENCY RESPONSE PLAN

At 6:30 a.m. Central European Summer Time (10:30 p.m. Mountain Time) on Wednesday, April 1, Bankers Petroleum Ltd.'s Bankers Petroleum Albania Ltd. activated its emergency response plan as the result of an uncontrolled carbon dioxide release during the drilling of a horizontal well within the Patos-Marinza oil field, with secondary communication to several nearby shallow wells. Bankers has regained surface control of drilling operations, returning most impacted residents to their homes; however, as a precautionary measure, continues to maintain a small evacuation area immediately adjacent to the affected well.