June 8 (Reuters) - Bankers Petroleum Ltd BNK.TO :
* Bankers Petroleum announces resumption of operations and
corporate transaction update
* Production is being brought back online immediately and is
expected to resume pre-closure production levels over next week
* Says resumed its usual operations following commencement
of export activities at Petrolifera Italo Albanese
* Received final approval of court of Queen's bench of
Alberta for arrangement with affiliates of Geo-Jade Petroleum
Corporation
* Arrangement agreement with Geo-Jade amended to extend
deadline to receive People's Republic of China approvals from
June 1 to June 30
* Closing of arrangement is expected to occur in late June
or early July
* Over past six days, curtailed production by about 4,000
barrels of oil per day within Patos-Marinza oilfield due to lack
of storage
Source text for Eikon: ID:nCNWbJcGqa
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