BNK Petroleum Inc. Announces Management Addition

CALGARY, Canada, March 5, 2010 - BNK Petroleum Inc. ("BNK" or the "Company") (TSX: BKX) is pleased to
announce that effective March 8, 2010 Warren Nelson will join the Company in
our Camarillo office as Vice President. As of April 1, Mr. Nelson will become
BNK's permanent CFO. Mr. Nelson is a CPA, has his MBA in Finance from the
University of California, Berkeley, California and brings over 30 years of
corporate experience to BNK.

Among other positions, Mr. Nelson's career has included Chief Accounting
Officer and Acting CFO of Smith International Inc., the NYSE Listed Fortune
500 multi-national manufacturer of products and services to the oil service
industry; CFO, and in his last year CEO, of Huntway Refining Company, a NYSE
publicly traded refiner; Interim CFO of Venoco, Inc. a U.S. oil and gas
producer; founder and Director of AmeriTies Holdings; and Audit Manager at
Price Waterhouse & Co.

Mr. Nelson will replace Mr. Juneyt Tirmandi who has been BNK's interim
CFO since the spin off of BNK from Bankers Petroleum, Ltd. and who will be
resigning at the end of March to pursue other projects. Mr. Tirmandi will
continue to assist BNK through the transition of the closing of our Calgary
office and bringing all accounting functions to our U.S. office. "We would
like to thank Juneyt for all his work through the spin off and the
transformation of our company," said Wolf Regener, BNK's President and CEO.
"I appreciate all his work and wish him all the best in his future ventures.
I also am thrilled to have Mr. Nelson join our Company. His vast experience
in various public companies, international work, and audit background makes
him a great addition to our management team."

About BNK Petroleum Inc.

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

NEITHER THE TSX EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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

For further information: Wolf Regener, President and Chief Executive Officer, +1-805-484-3613, Email: investorrelations at bnkpetroleum.com