Bankers Petroleum revenues reached 33 million dollars in Q1 – Albania, 9 May 2016

Canadian Bankers Petroleum recorded total revenues in the amount of 33 million dollars (21.04 dollars per barrel) in the first quarter of 2016, compared to 57 million dollars (33.31 dollars per barrel) in the previous quarter and 72 million dollars (39.66 dollars per barrel) in the first quarter of 2015.
Field price realization represented 62 % of the Brent oil benchmark price (33.94 dollars/barrel) in the first quarter of 2016, compared to 76 % of the Brent oil benchmark price (43.76 dollars/barrel) in the previous quarter and 74 % of the Brent oil benchmark price (53.94 dollars/barrel) in the first quarter of 2015.

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