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IN BRIEF: Columbus Energy Shareholders Approve Bahamas Petroleum Merge

Mon, 27th Jul 2020 21:52

Columbus Energy Resources PLC - Trinidad-based oil and gas explorer - Gains shareholder approval for proposed merger with Bahamas Petroleum Co, which is now conditional on being sanctioned by the court. In June, both companies agreed to all-share merger, where for each share in Columbus they own, shareholders will receive 0.803 Bahamas Petroleum shares, a deal which values London-based Columbus at GBP25.1 million.

Current stock price: 1.85 pence

Year-to-date change: down 46%

By Dayo Laniyan; dayolaniyan@alliancenews.com

More News

10 Dec 2020 21:31

IN BRIEF: Bahamas Petroleum Notes Application To Review Well Approval

9 Dec 2020 17:49

IN BRIEF: Bahamas Petroleum Notes Reports On Court Action Over Well

7 Dec 2020 15:13

UK EXECUTIVE CHANGE SUMMARY: Nuformix And Sterling Energy Tap New CEOs

1 Dec 2020 20:38

IN BRIEF: Bahamas Petroleum To Sets Out Production Aims For 2021

27 Nov 2020 19:28

UK TRADING UPDATE SUMMARY: UK Oil & Gas Planning Consent Refused

27 Nov 2020 13:53

Covid-19 measures add costs to Bahamas Petroleum well

(Sharecast News) - Caribbean and Atlantic margins-focussed oil and gas company Bahamas Petroleum updated the market on cost estimates and funding arrangements for well operations in the Bahamas on Friday, reporting that the sustained impact of Covid-19 meant that itself and Stena Drilling had decided to implement "enhanced" coronavirus mitigation measures.

17 Nov 2020 21:17

IN BRIEF: Bahamas Petroleum To Spud Perseverance Well By End Of 2020

17 Nov 2020 12:31

Bahamas Petroleum progresses preparations for Perseverance 1 drilling

(Sharecast News) - Bahamas Petroleum Company (BPC) updated the market on preparations for Perseverance 1 ahead on drilling on Tuesday.

20 Oct 2020 20:24

IN BRIEF: Bahamas Petroleum Agrees Revised Date For Note Subscription

2 Oct 2020 15:38

IN BRIEF: Bahamas Petroleum Extends Goudron Contract With Heritage

2 Oct 2020 12:47

Bahamas Petroleum down on Trinidad developments

(Sharecast News) - Bahamas Petroleum Company updated the market on the current status of two contract arrangements in Trinidad & Tobago on Friday, with the first being the extension of the incremental production service contract at Goudron, pending a new 10-year enhanced production sharing contract.

1 Oct 2020 10:43

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BPC.L Share News (BPC)

IN BRIEF: Columbus Energy Shareholders Approve Bahamas Petroleum Merge

IN BRIEF: Bahamas Petroleum Notes Application To Review Well Approval

IN BRIEF: Bahamas Petroleum Notes Reports On Court Action Over Well

UK EXECUTIVE CHANGE SUMMARY: Nuformix And Sterling Energy Tap New CEOs

IN BRIEF: Bahamas Petroleum To Sets Out Production Aims For 2021

UK TRADING UPDATE SUMMARY: UK Oil & Gas Planning Consent Refused

Covid-19 measures add costs to Bahamas Petroleum well

IN BRIEF: Bahamas Petroleum To Spud Perseverance Well By End Of 2020

Bahamas Petroleum progresses preparations for Perseverance 1 drilling

IN BRIEF: Bahamas Petroleum Agrees Revised Date For Note Subscription

IN BRIEF: Bahamas Petroleum Extends Goudron Contract With Heritage

Bahamas Petroleum down on Trinidad developments

Bahamas Petroleum Raises GBP9.5 Million In Placing

Bahamas Petroleum raises £9.5m for Perseverance-1 well

IN BRIEF: Bahamas Petroleum To Raise Up To GBP7.8 Million Via Placing

UK TRADING UPDATE SUMMARY: N Brown Financial Services Revenue Falling

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