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    BNK Increases European Holdings

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Summary

BNK Petroleum Inc. has announced that it has been awarded two additional oil and gas concessions, which total approximately 770,000 acres net to BNK.

by: C_Ladd

Posted in:

Shale Gas

BNK Increases European Holdings

BNK Petroleum Inc. has announced that it has been awarded two additional oil and gas concessions, which total approximately 770,000 acres net to BNK.

These concessions were granted in a European Union Country and bring BNK's total gross land acquisitions in Europe to 2.1 million acres. The Company stated that its strategy to evaluate acreage and deploy license applications throughout Europe continues to make progress.

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