BNK Petroleum Inc. Unaware of any Material Change

CAMARILLO California, January 12, 2011 - 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: www.bnkpetroleum.com

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