BNK Petroleum Inc. Unaware of any Material Change

CAMARILLO California, January 12, 2011 /PRNewswire/ -- BNK Petroleum Inc. (TSX: BKX) (the "Company") at the request of IIROC on behalf of the Toronto Stock Exchange, announces that it is not aware of any undisclosed material information that may be affecting the trading price and volume of the Company's common shares.

The Company is currently drilling its Wytowno #1 well, on its Slawno concession in Poland, on acreage adjacent to where two shale gas wells have been drilled by another operator. It is possible that the activities on those wells have generated some additional interest in the Company. The Company is not aware of any material changes in its operations that would explain the recent trading activity.

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. Through various affiliates and subsidiaries, the Company owns and operates shale gas properties and concessions in the United States, Poland and Germany. Additionally the Company is utilizing its technical and operational expertise to identify and acquire additional 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 E. Regener
    President and Chief Executive Officer
    +1(805)484-3613
    Email: investorrelations@bnkpetroleum.com

    Website: http://www.bnkpetroleum.com