Bahamas Petroleum Co PLC - Caribbean and Atlantic margin focused oil and gas company - Notes that application has been made to the Supreme Court of Bahamas for leave to apply for judicial review of the decision by the government of Bahamas in February to grant environmental authorisation for the Perseverance-1 well.
"Yesterday's application for a judicial review, an extension of time and a stay, from a group of environmental activists, is entirely without merit. BPC will vigorously oppose the application, and we understand that the government of the Bahamas will be doing likewise. BPC's drilling plans have been public knowledge for almost a decade, and the government provided Environmental Authorisation to BPC in February 2020, following an extensive program of work," said Chief Executive Officer Simon Potter.
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By Dayo Laniyan; dayolaniyan@alliancenews.com
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