BNK was awarded 2 concessions in North Rhine-Westphalia in November 2009 totaling about 500,000 acres, it was also awarded a 300,000 acre concession in Lower Saxony in December of 2009. In January 2010 BNK was awarded 2 concessions in Thuringia totaling 770,000 acres and in March of 2010 BNK was awarded a concession which totaled 840,000 acres bringing BNK's total holdings in Germany to about 2.4 million acres.

All of BNK's concessions were acquired for their potential for shale gas. Across it's acreage BNK is targeting 3 different shales as well as in some concessions there is the potential for coal bed methane as well as tight gas sands.