BNK Petroleum Inc.'s Acreage in Europe Increases to 3.5 Million

Calgary, May 19, 2010 (ots/PRNewswire) - BNK Petroleum Inc. (the
"Company") announces that it has been awarded a further concession
totalling approximately 840,000 acres in Western Europe. The new
concession is located in Saxony-Anhalt, Germany and brings the
Company's total acreage in Europe to 3.9 million gross (3.5 million
net) acres in a total of 4 basins, and in Germany to 2.4 million
acres (gross and net) in 3 basins.

The new concession and the Company's other concessions in the
North Rhine-Westphalia, Thuringia and Lower Saxony regions of
Germany were acquired for their multiple prospective shale gas
targets as well as, in some instances, for secondary targets of Coal
Bed methane and tight gas sands. This latest concession contains
certain minimum requirements which must be fulfilled by BNK to
retain its interest. Some of the more significant minimum
requirements consist of conducting geological work in the first
year, acquiring seismic in the second year, drilling one vertical
well in both years three and four, and the drilling of one horizontal
well in year five within each concession area.

The Company continues to await the potential grant of other
concessions that it has applied for and it also continues to apply
for additional concessions.

BNK Petroleum Inc. also announces today that it has paid off the
remaining $2.8 million subordinated debt that it owed to Bankers
Petroleum Ltd.

Caution Regarding Forward-Looking Information

Certain statements contained in this news release constitute
"forward- looking statements" as such term is used in applicable
Canadian securities laws, including information regarding the
Company's intention to acquire additional concessions. Forward
looking information is based on plans and estimates of management at
the date the information is provided and certain assumptions
(including that the required capital and approvals will be available
when required) and is subject to a variety of risks and
uncertainties and other factors that could cause plans and estimates
to change materially from those projected in the forward-looking
information. Factors that could cause the forward-looking
information in this news release to change or to be inaccurate
include, but are not limited to: the risks related to international
operations and doing business in foreign jurisdictions, including
governmental policies regarding awarding of concessions, risks
associated with the oil and gas industry and exploratory activities
generally, (e.g., operational risks in development, exploration and
production; delays or changes in plans with respect to exploration or
development projects or capital expenditures; risks associated with
equipment procurement and equipment failure, the risk of commodity
price and foreign exchange rate fluctuations, risks related to
future royalty rate changes and risks and uncertainties associated
with securing and maintaining necessary regulatory approvals.

About BNK Petroleum Inc.

BNK Petroleum Inc. is a U.S. based international 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.

For further information: Wolf Regener, President and Chief
Executive Officer, +1-(805)-484-3613, Email:
investorrelations@bnkpetroleum.com, Website:
http://www.bnkpetroleum.com/

ots Originaltext: BNK Petroleum Inc
Im Internet recherchierbar: http://www.presseportal.de

Contact:
CONTACT: For further information: Wolf Regener, President and
ChiefExecutive Officer,+1-(805)-484-3613, Email:
investorrelations@bnkpetroleum.com