Table of Contents Table of Contents 2 List of Tables 4 List of Figures 5 Company Snapshot 7 Key Information 7 Company Overview 7 BNK Petroleum Inc., Valuation and Financial Data 8 BNK Petroleum Inc., Share Price Performance 8 Share Price Performance, Q1, 2015-Q1, 2016 8 BNK Petroleum Inc., Key Valuation Metrics 9 Key Valuation Metrics, Q1, 2015-Q1, 2016 9 BNK Petroleum Inc., Quarterly Results of Oil & Gas Operations Per boe Produced 10 Results of Oil & Gas Operations Per boe Produced, Q1, 2015-Q1, 2016 10 Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2015-Q1, 2016 11 BNK Petroleum Inc., Quarterly E&P Costs Trends 12 Upstream Capital Expenditure, Q1, 2015-Q1, 2016 12 BNK Petroleum Inc., Quarterly Production Trends 13 BNK Petroleum Inc., Total Oil and Gas Production 13 Total Crude Oil and Natural Gas Production Trend, Q1, 2015-Q1, 2016 13 Total Crude Oil & Natural Gas Production, By Country/Region, Q1, 2015-Q1, 2016 14 BNK Petroleum Inc., Crude Oil Production 15 Total Crude Oil Production Trend, Q1, 2015-Q1, 2016 15 Crude Oil Production, By Country/Region, Q1, 2015-Q1, 2016 16 BNK Petroleum Inc., Natural Gas Production 17 Total Natural Gas Production Trend, Q1, 2015-Q1, 2016 17 Natural Gas Production, By Country/Region, Q1, 2015-Q1, 2016 18 BNK Petroleum Inc., Valuation and Financial Data, 2011-2015 19 BNK Petroleum Inc., Share Price Performance, 2011-2015 19 Share Price Performance, 2011-2015 19 Key Valuation Metrics, 2011-2015 20 BNK Petroleum Inc., Production and Reserves Trends 21 Total Oil and Gas, Reserves and Production 21 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 21 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 23 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 25 Crude Oil/Liquids Production and Reserve 26 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 26 Crude Oil Production and Reserves By Country/Region, 2011-2015 27 Crude Oil/Liquids Reserve Changes, 2011-2015 29 Natural Gas Production and Reserve 30 Natural Gas Production and Reserve Trend, 2011-2015 30 Natural Gas Production and Reserves, By Country/Region, 2011-2015 31 Natural Gas Reserve Changes, 2011-2015 33 Total Crude Oil and Natural Gas Reserves Life Index 34 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 34 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 35 BNK Petroleum Inc., E&P Costs Trends 37 Allocation of the Upstream Capital Expenditure 37 Upstream Capital Expenditure, 2011-2015 37 Acquisition Costs By Country/Region, 2011-2015 38 Exploration and Development Costs, By Country/Region, 2011-2015 39 Oil and Gas Cost Per boe, US$/boe 41 Oil and Gas Cost Per boe, US$/boe, 2011-2015 41 Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 43 BNK Petroleum Inc., Reserve Replacement Ratio 45 Oil and Gas Production Replacement Ratio 45 Oil and Gas Production Replacement Ratio, 2011-2015 45 Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 47 BNK Petroleum Inc., Results of Oil & Gas Operations Trend 51 Oil and Gas Revenue and Expenses 51 Oil and Gas Revenue and Expenses, 2011-2015 51 Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 52 Oil and Gas Revenue and Expenses, Per boe 55 Oil and Gas Revenue and Expenses, By boe, 2011-2015 55 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 56 Oil and Gas Performance Metrics 59 BNK Petroleum Inc., Land Holdings and Well Data 60 Developed and Undeveloped Acreage 60 Gross and Net Developed and Undeveloped Acreage, 2011-2015 60 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 61 Well Statistics 64 Producible Oil and Gas Well, 2011-2015 64 Producible Oil and Gas Well, By Country/Region, 2011-2015 65 Exploration and Development Wells Drilled, 2011-2015 68 Recent Developments 69 BNK Petroleum Inc. - Recent Developments 69 Aug 11, 2016: BNK Petroleum Announces 2nd Quarter 2016 Results 69 May 10, 2016: BNK Petroleum Announces Credit Facility Reaffirmation 71 May 05, 2016: BNK Petroleum Announces 1st Quarter 2016 Results 72 Mar 10, 2016: BNK Petroleum Announces 4th Quarter And Annual 2015 Results 74 Mar 10, 2016: BNK Petroleum Announces 2015 Year-End Reserves 77 Feb 28, 2016: BNK Announces Polish Concession Relinquishment 77 Nov 06, 2015: BNK Petroleum Announces 3rd Quarter 2015 Results 78 Aug 13, 2015: BNK Petroleum Announces 2nd Quarter 2015 Results 81 Jun 08, 2015: BNK Announces Operations Update: June 8, 2015 84 May 13, 2015: BNK Petroleum Announces 1st Quarter 2015 Results 84 Appendix 87 Methodology 87 Coverage 87 Secondary Research 87 Primary Research 87 Data Information Sources 88 Company Source 88 SEC/Other Regulatory Filings 88 Other Sources 88 Expert Panel Validation 88 Data Definition 88 Oil and Gas Reserves 88 Units of Measure 89 About GlobalData 89 Disclosure 89 Disclaimer 89

List of Tables Table 1: BNK Petroleum Inc., Key Facts 7 Table 2: BNK Petroleum Inc., Share Price Performance, Q1, 2015-Q1, 2016 8 Table 3: BNK Petroleum Inc., Key Valuation Metrics, Q1, 2015-Q1, 2016 9 Table 4: BNK Petroleum Inc., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 10 Table 5: BNK Petroleum Inc., Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2015-Q1, 2016 11 Table 6: BNK Petroleum Inc., Upstream Capital Expenditure, Q1, 2015-Q1, 2016 12 Table 7: BNK Petroleum Inc., Total Crude Oil and Natural Gas, Production, Q1, 2015-Q1, 2016 13 Table 8: BNK Petroleum Inc., Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2015-Q1, 2016 14 Table 9: BNK Petroleum Inc., Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 15 Table 10: BNK Petroleum Inc., Crude Oil Production, By Country/Region, mmbbl, Q1, 2015-Q1, 2016 16 Table 11: BNK Petroleum Inc., Total Natural Gas Production, bcf, Q1, 2015-Q1, 2016 17 Table 12: BNK Petroleum Inc., Natural Gas Production, By Country/Region, bcf, Q1, 2015-Q1, 2016 18 Table 13: BNK Petroleum Inc., Share Price Performance, 2011-2015 19 Table 14: BNK Petroleum Inc., Key Valuation Metrics, 2011-2015 20 Table 15: BNK Petroleum Inc., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 22 Table 16: BNK Petroleum Inc., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 24 Table 17: BNK Petroleum Inc., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 25 Table 18: BNK Petroleum Inc., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 26 Table 19: BNK Petroleum Inc., Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 28 Table 20: BNK Petroleum Inc., Crude Oil Reserve Changes, mmbbl, 2011-2015 29 Table 21: BNK Petroleum Inc., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 30 Table 22: BNK Petroleum Inc., Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 32 Table 23: BNK Petroleum Inc., Natural Gas Reserve Changes, bcf, 2011-2015 33 Table 24: BNK Petroleum Inc., Oil and Gas Reserves Life Index, Years, 2011-2015 34 Table 25: BNK Petroleum Inc., Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 36 Table 26: BNK Petroleum Inc., Upstream Capital Expenditure, US$ mil, 2011-2015 37 Table 27: BNK Petroleum Inc., Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 38 Table 28: BNK Petroleum Inc., Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 40 Table 29: BNK Petroleum Inc., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 42 Table 30: BNK Petroleum Inc., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 44 Table 31: BNK Petroleum Inc., Oil and Gas Production Replacement Ratio, %, 2011-2015 46 Table 32: BNK Petroleum Inc., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 50 Table 33: BNK Petroleum Inc., Revenue and Expenses, US$ mil, 2011-2015 51 Table 34: BNK Petroleum Inc., Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 54 Table 35: BNK Petroleum Inc., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 55 Table 36: BNK Petroleum Inc., Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 58 Table 37: BNK Petroleum Inc., Oil and Gas Performance Metrics, 2011-2015 59 Table 38: BNK Petroleum Inc., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 60 Table 39: BNK Petroleum Inc., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 63 Table 40: BNK Petroleum Inc., Producible Oil and Gas Wells, 2011-2015 64 Table 41: BNK Petroleum Inc., Producible Oil and Gas Wells, By Country/Region, 2011-2015 67 Table 42: BNK Petroleum Inc., Exploratory and Developed Wells, 2011-2015 68 List of Figures Figure 1: BNK Petroleum Inc., Share Price Performance, CAD/Share, Q1, 2015-Q1, 2016 8 Figure 2: BNK Petroleum Inc., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2015-Q1, 2016 9 Figure 3: BNK Petroleum Inc., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 10 Figure 4: BNK Petroleum Inc., Upstream Capital Expenditure, US$ mil, Q1, 2015-Q1, 2016 12 Figure 5: BNK Petroleum Inc., Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2015-Q1, 2016 13 Figure 6: BNK Petroleum Inc., Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2015-Q1, 2016 14 Figure 7: BNK Petroleum Inc., Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 15 Figure 8: BNK Petroleum Inc., Crude Oil Production, By Country/Region, mmbbl, Q1, 2015-Q1, 2016 16 Figure 9: BNK Petroleum Inc., Total Natural Gas Production, bcf, Q1, 2015-Q1, 2016 17 Figure 10: BNK Petroleum Inc., Natural Gas Production, By Country/Region, bcf, Q1, 2015-Q1, 2016 18 Figure 11: BNK Petroleum Inc., Share Price Performance, CAD/Share, 2011-2015 19 Figure 12: BNK Petroleum Inc., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 20 Figure 13: BNK Petroleum Inc., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 21 Figure 14: BNK Petroleum Inc., Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 23 Figure 15: BNK Petroleum Inc., Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 23 Figure 16: BNK Petroleum Inc., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 25 Figure 17: BNK Petroleum Inc., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 26 Figure 18: BNK Petroleum Inc., Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 27 Figure 19: BNK Petroleum Inc., Oil Production, By Country/Region, mmbbl, 2011-2015 27 Figure 20: BNK Petroleum Inc., Crude Oil Reserve Changes, mmbbl, 2015 29 Figure 21: BNK Petroleum Inc., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 30 Figure 22: BNK Petroleum Inc., Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 31 Figure 23: BNK Petroleum Inc., Gas Production, By Country/Region, bcf, 2011-2015 31 Figure 24: BNK Petroleum Inc., Natural Gas Reserve Changes, bcf, 2015 33 Figure 25: BNK Petroleum Inc., Oil and Gas Reserves Life Index, Years, 2011-2015 34 Figure 26: BNK Petroleum Inc., Gas Reserve Life Index, By Country/Region, Years, 2011-2015 35 Figure 27: BNK Petroleum Inc., Oil & Gas Reserve Life Index, By Country/Region, Years, 2011-2015 35 Figure 28: BNK Petroleum Inc., Oil Reserve Life Index, By Country/Region, Years, 2011-2015 36 Figure 29: BNK Petroleum Inc., Upstream Capital Expenditure, US$ mil, 2011-2015 37 Figure 30: BNK Petroleum Inc., Proved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 38 Figure 31: BNK Petroleum Inc., Development Costs, By Country/Region, US$ mil, 2011-2015 39 Figure 32: BNK Petroleum Inc., Exploration Costs, By Country/Region, US$ mil, 2011-2015 39 Figure 33: BNK Petroleum Inc., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 41 Figure 34: BNK Petroleum Inc., Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 43 Figure 35: BNK Petroleum Inc., Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 43 Figure 36: BNK Petroleum Inc., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 45 Figure 37: BNK Petroleum Inc., 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 47 Figure 38: BNK Petroleum Inc., 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 47 Figure 39: BNK Petroleum Inc., 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 48 Figure 40: BNK Petroleum Inc., 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 48 Figure 41: BNK Petroleum Inc., 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 49 Figure 42: BNK Petroleum Inc., 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 49 Figure 43: BNK Petroleum Inc., Revenue and Expenses, US$ mil, 2011-2015 51 Figure 44: BNK Petroleum Inc., Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 52 Figure 45: BNK Petroleum Inc., Exploration Expenses, By Country/Region, US$ mil, 2011-2015 52 Figure 46: BNK Petroleum Inc., Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 53 Figure 47: BNK Petroleum Inc., Production Costs, By Country/Region, US$ mil, 2011-2015 53 Figure 48: BNK Petroleum Inc., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 55 Figure 49: BNK Petroleum Inc., Exploration Expenses per boe, By Country/Region, US$/boe, 2011-2015 56 Figure 50: BNK Petroleum Inc., Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 56 Figure 51: BNK Petroleum Inc., Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 57 Figure 52: BNK Petroleum Inc., Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 57 Figure 53: BNK Petroleum Inc., Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 58 Figure 54: BNK Petroleum Inc., Oil and Gas Performance Metrics, 2011-2015 59 Figure 55: BNK Petroleum Inc., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 60 Figure 56: BNK Petroleum Inc., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 61 Figure 57: BNK Petroleum Inc., Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 61 Figure 58: BNK Petroleum Inc., Total Gross Developed Acreage, By Country/Region, Acres, 2011-2015 62 Figure 59: BNK Petroleum Inc., Total Net Developed Acreage, By Country/Region, Acres, 2011-2015 62 Figure 60: BNK Petroleum Inc., Producible Oil and Gas Wells, 2011-2015 64 Figure 61: BNK Petroleum Inc., Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 65 Figure 62: BNK Petroleum Inc., Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 65 Figure 63: BNK Petroleum Inc., Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 66 Figure 64: BNK Petroleum Inc., Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 66 Figure 65: BNK Petroleum Inc., Net Productive Oil Wells, By Country/Region, Number, 2011-2015 67 Figure 66: BNK Petroleum Inc., Exploratory and Developed Wells, 2011-2015 68