2014
Corporate
Profile

2014 Corporate Profile

Engineered Momentum

"We are heading into another exciting year as 2014 marks the Company's 10th year operating in Albania." - David French
President, CEO and Director

CEO's Video Message
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Read the CEO's Message

21%

Production
Growth Y/Y

30

Million Barrels
Produced to Date
by Bankers

232

Million Barrels
Proved + Probable Reserves

Albania

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Operational
Strategy

Strategic operational focus in Albania. 20% increase in NPV based on the 2P recovery case.

CEO's Video Message
Full Strategy Statement
Full Strategy Statement
Full Strategy Statement

995995

Drilling Locations
Identified in 2P Reserves case

145145

Wells Drilled
in 2013

1

Well Drilled
Every 3 Days

Reserves

Bankers Petroleum reported proved reserves (1P) of 147 million barrels of oil, and proved plus probable (2P) reserves of 232 million barrels of oil, an increase of 5% and 3% respectively, in 2013.

2013 Reserves Results
2013 Reserves Results

Financial

In 2013, revenue increased by 31% to $566 million, and funds generated from operations exceeded annual capital expenditures by $45 million.

Per
Barrel
Netback

$47.73

Funds Generated from Operations

Financial Highlights
Financial Highlights

$1.4 Billion

Invested in Albania since 2004

1/24

of Albanian GDP

Community

Over the past 10 years that Bankers has operated in Albania, the Company has paid approximately $304 million in Royalty Tax payments to the Government of Albania, $94 million in 2013 alone.

Largest foreign investor in Albania

Gallery
Gallery
Community
Community