AGM - update Caney
BNK Petroleum Inc. announces Annual General Meeting date and operations update
prnews
TSX ticker symbol; BKX
CAMARILLO, CA, June 17, 2013 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is pleased to announce that its 2013 Annual General
Meeting will be held on July 19. The meeting had originally been
scheduled for June 10.
At the meeting, in addition to the regular annual meeting business
shareholders will be asked to approve ordinary resolutions approving an
Advance Notice Policy and Restricted Share Unit Plan for the Company
and minor alterations to the Company's Articles to permit the Company
to use the "notice-and-access" delivery of materials to shareholders
for future meetings, which was recently implemented under applicable
securities laws. Details of the business to be considered at the
meeting will be provided in the information circular and other
materials for the meeting, which are expected to be mailed to
shareholders and filed on SEDAR on or about June 24. The Company's
Advance Notice Policy is available on the Company's website and will
also be attached as a schedule to the information circular.
Operations Update
The Company through it's wholly owned subsidiary BNK Petroleum (US) Inc,
is drilling the lateral portion of the Dunn 2-2H well in the Caney
formation in the Tishomingo Field, Oklahoma. The fracture stimulation
of the Barnes 6-3H well, also in the Caney formation, was started later
than anticipated due to weather. It is expected that the stimulation
will be finished in the next week. Results from the Barnes 6-3H well
are anticipated in the next 3-4 weeks.