BPC.L Share News (BPC)

DIRECTOR DEALINGS: Bahamas Petroleum CEO, Chairman Buy Shares

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% stake in the firm. The company als

UK MIDDAY BRIEFING: BSkyB Confirms Talks To Buy Sky Italia, Deutschland

LONDON (Alliance News) - British Sky Broadcasting confirmed Monday that it is working on the potential acquisition of 21st Century Fox's interests in Sky Deutschland and Sky Italia.

Bloomberg, citing people familiar with the matter, reported that talks about the pot

UK WINNERS & LOSERS: Mining Stocks Rise; BSkyB Falls Sharply

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS ------- Rio Tinto, up 3.6%, BHP Billiton, up 2.4%, Antofagasta, up 2.4%, Anglo American, up 1.6%, and Glencore Xstrata,

Bahamas Petroleum Pretax Losses Narrow

LONDON (Alliance News) - Bahamas Petroleum Company Monday said its pretax loss narrowed in 2013 as a result of a range of lower expenses during the period. The oil and gas exploration company, which is yet to produce any revenues, said its pretax loss narrowed to USD5.2 million from USD6.3

UK MIDDAY BRIEFING: AstraZeneca Maintains Guidance Despite Profit Hit

LONDON (Alliance News) - AstraZeneca shares jumped Thursday after the pharmaceutical giant maintained its full-year guidance for 2014, even as its pretax profit dropped in the first quarter to end-March, hit by write-downs on the sale of its Alderley Park site and its acquisit

Bahamas Petroleum soars as ex-BP man takes Exec Chair role

Shares in mining minnow Bahamas Petroleum Company (BPC) have leapt on news that a former BP regional chief and a former Bahamas senator have been appointed to the board as the company closes in on farm-out discussions. Former BP man Bill Schrader has been hired as Executive Chairman, while former B

UK WINNERS & LOSERS: Centamin Encouraged By New Egyptian Law

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
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Anglo American, up 3.2%. The mining company said production has broadly incr

Bahamas Petroleum Shares Double As It Announces Board Changes

LONDON (Alliance News) - Bahamas Petroleum Co PLC Thursday announced changes to its board as developments in oil drilling legislation in the country and increased activity in ongoing farm-out discussions help the company. Bahamas Petroleum Co shares have more than doubled early Thursday on

Bahamas Petroleum Slides As Statoil Ends Joint License Applications Deal

LONDON (Alliance News) - Bahamas Petroleum Co PLC Monday saw its shares fall after it said that Norwegian oil company Statoil has given it notice that it will discontinue their joint licence development agreement, meaning that its Zapata, Falcones and Islamorada licence applications will revert i

BROKER RATING CHANGES: Tesco Receives Slew Of Price Targets Cuts

DIRECTOR DEALINGS: Bahamas Petroleum Non-Exec Buys 200K Shares

Tuesday broker round-up UPDATE

Afren: Goldman Sachs shifts target price from 224p to 221p keeping a buy recommendation. Alent: Goldman Sachs initiates with a target price from 426p and a buy recommendation. Amerisur Resources: Goldman Sachs moves target price from 65p to 82p and stays with its neutral rating. Bahamas Petroleum

Bahamas Petroleum advances on Govt go-ahead for drilling

Shares in AIM-listed Bahamas Petroleum soared on Monday following the news that the government of the Bahamas had decided to permit the company to undertake exploration drilling ahead of any referendum process. The company said the government's decision provided "clarity on the timing and process o

Bahamas Petroleum reduces half year losses

Bahamas Petroleum, an oil and gas exploration company with offshore licence permits in the Bahamas, has reduced its losses for the half year ended June 30th as a result of a decrease of 47 per cent in employee related expenses. Total operating loss (and total comprehensive losses before tax) for th

Bahamas Petroleum ticks all the boxes for regional government

Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in the Bahamas, has been given written confirmation by the regional government that it is in full compliance with the terms of its signed oil exploration licences, the provisions of the Petroleum Act and the Petrole