8 Jun 2015 08:14
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Don't have an account? Click here to register.BPC plans drilling in 2012
Thu, 31st Mar 2011 15:52
AIM-quoted Bahamas Petroleum Company (BPC) says that it is on track to drill its first well in the first half of 2012. Seismic surveys indicate large structures containing hydrocarbon indicators. BPC is in negotiations with CGGVeritas to undertake a 3D seismic survey.There could be potential farm-ins negotiated this year. The cash outflow from operations increased from $2.82m in 2009 to $5.42m in 2010. There was a further $1.38m outflow from investments. There was $6.07m in the bank at the end of 2010. Since then £20.6m has been raised with a further £25m to come when shareholders approve the issue of the shares. Edward Shallcross has bought 120,000 shares at 22.18p each. That is the non-exec's first share purchase.
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28 May 2015 09:25
18 May 2015 14:34
Bahamas Petroleum surges on exploration license extension
Bahamas Petroleum (BPC) shares surged on Monday after an agreement was reached with the government to extend its exploration license until the second-quarter of 2018. The explorer also received a confirmation that the license would incorporate territory up to Cuba's maritime boundary, as well as an
Read more9 Oct 2014 13:52
Bahamas Petroleum welcomes new exploration regime
Bahamas Petroleum rose after the oil and gas group welcomed a move by the government of the Caribbean islands to open up potential reserves to exploration. Bahamas said the government had completed a new petroleum act and a suite of regulations to guide and govern oil exploration in the Bahamas a
Read more15 Sep 2014 09:12
20 May 2014 15:52
BT directors build stakes, Trinity Mirror makes show of faith
Five BT board members last week each acquired 486 shares under its Equiniti share plan, it was announced Monday. Those purchasing shares included Chairman Sir Michael Rake and Chief Executive Officer Gavin Patterson. All of the shares were bought for 370.25p each. The announcement comes one day
Read more20 May 2014 13:26
CORRECT: DIRECTOR DEALINGS: Bahamas Petroleum CEO, Chairman Buy
(Correcting current share price.) LONDON (Alliance News) - Bahamas Petroleum Company PLC Tuesday said Chief Executive Officer Simon Potter bought 1 million shares at a price of 3.72 pence per share. Following this transaction, Potter now holds 2 million shares, which represents 0.16%
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