BNK Petroleum Inc. Continues European Shale Gas Concession Acquisition

CALGARY, Canada, December 6 - BNK Petroleum Inc. ("BNK" or the "Company") (TSX: BKX) is pleased to
announce that it has been awarded two additional oil and gas concessions,
which total approximately 500,000 acres in one European basin. The granting
of these concessions continues BNK's European shale gas strategy by providing
diversification in multiple basins. BNK's first concessions were the 600,000
net acres acquired in Poland which were announced earlier this year.

In accordance with the granting of these latest concessions, certain
minimum requirements 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.

"Our plan is to continue the acquisition of prospective shale gas acreage
in Europe based on the work that our expert team has been doing for the last
18 months." said Wolf E. Regener, BNK's President and CEO.

Caution Regarding Forward-looking Information

This document may contain certain forward looking statements including
statements with respect to acquiring additional concessions, the concessions
awarded and the more significant minimum requirements required to hold said
concessions. The forward looking information is based on current expectations
that involve a number of risks and uncertainties, which could cause actual
results to differ materially from those anticipated. These risks include, but
are not limited to: the risks associated with the oil and gas industry and
BNK's ability to identify suitable drilling locations (e.g., operational
risks in development, exploration and production; delays or changes in plans
with respect to exploration or development projects or capital expenditures;
the uncertainty of reserve estimates; the uncertainty of estimates and
projections relating to production, costs and expenses, and health, safety
and environmental risks), risk associated with equipment procurement and
equipment failure, risks related to international operations and doing
business in foreign jurisdictions, 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. For a description of the risks and uncertainties facing
BNK and its business and affairs, readers should refer to BNK's Annual
Information Form for the year ended December 31, 2008, which is available at
www.sedar.com. The Company assumes no obligation to update or revise
the forward-looking information to reflect new events or circumstances,
except as required by law. The reader is cautioned not to place undue
reliance on forward-looking statements.

About BNK Petroleum Inc.

BNK Petroleum Inc. is a California based oil and gas exploration and
production company focused on finding and exploiting large oil and gas
resource plays. The Company holds an average of 50% interest in the
Tishomingo gas field in Oklahoma and varied interests in three other areas in
the Northern and Central regions of the United States and in Europe, where it
is currently pursuing the exploration, development and production of shale
and tight sand gas plays. 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 VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES

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