October 4, 2012 / 1:57 PM / 6 years ago

Bankers Petroleum output rises

Oct 4 (Reuters) - Canadian oil and gas producer Bankers Petroleum Ltd said third-quarter output from its only producing field rose 18 percent.

The Patos-Marinza oilfield in south central Albania produced 15,616 barrels of oil per day (bopd) during the quarter.

Bankers Petroleum, which lost a bid to acquire Albania’s national oil company Albpetrol, said average sales volumes rose 15 percent to 15,715 bopd.

The Albania-focused company said it has signed sales agreements for the majority of its production from the Patos-Marinza field in 2013.

Shares of the company, which has a market value of C$786.9 million, were up 3 pct at C$3.18 on Thursday morning on the Toronto Stock Exchange.

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