Member Info for GarryGraham

In4cendros. Thanks for your advice I will put a lot of thought into your valued comments.

Star - stop being a prick . I have had the decency to reply and put the email on from BPC which shows professionalism and allays any fears. I will try and remove the post as it offends you so much. FFS chill out.

Linton - thanks for that. I look forward to hearing from them. Like I say I have monies invested here but I do find the circumstances strange. If BPC comes back to me with a reply, great I will update the BB. I am not deramping I am just stating the truth which I find disconcerting. I will update the board if you dont like what I write filter me.

Star - I am not alleging BPC are a fraud or anything similar but i am not discounting it, come on if they dont have anyone answering the bloody phone in their "offices" does it not worry you? We are talking about a £100m cap company that are supposedly going to be drilling for 1 billion barrels of oil and they dont have anyone in the Bahamas or the UK answering the phone . As an oil company, they have not taken one drop of oil of out of the ground yet. Dont talk to me about virtual offices I have staff in 3 continents who work for my company and I have virtual offices but all my clients and suppliers can get hold of me or any or my staff at any time and they can do that for free without having to pay a premium phone line. This is NOT a small company. This is almost a 100 million market capital company that cannot even respond with a proper email and you are trusting them to recover a billion barrels of oil out of the ground in. What are you going to say if I find out that there is no one working at their Bahamas office address I have people in the Bahamas looking into it? Do you not question that this may be somewhat strange with less than 8 weeks to go? You wonder why the SP is at 2.5p and Trafalgar dumped squillions of shares the answer maybe staring you in the face. I am not a deramper I have invested a considerable part of my lifesavings in this oil and gas champion ( as potter states) but I wont be the first to have been hoodwinked and I wont be the last.

I sent an email to BPC as per the grievances email address on their website on Friday. In the email, I sent I mentioned I was an existing shareholder and enquired simply why the telephone number for their "head office" in the Isle of Man was, first of all, a premium service telephone number ( it quite clearly states this in the recorded message when you phone it) and secondly why the receptionist when answering confirmed she had never heard of BPC and that there was no one in the building of that name. I also enquired why I could not get through to the Bahamas office as there was supposedly a drill in less than 8 weeks and one would have assumed that the offshore office would be very busy with lots of staff. I received the following automatic email reply from BPC: "I am currently out of the office on leave and will return on Monday 2 November 2020. If your query is urgent you can leave a message at +44 1624 647883. Thank you. Tara ".
The telephone number offered by "TARA" who does not have a surname nor job title is the same telephone number I dialled in the first place as advertised on the BPC site, in which the receptionist said no one from Bahamas Petroleum Company has worked there or currently works there.
I then contacted a very reliable friend of mine whom I have known for over 30 years who owns hotels and leisure complexes in the Bahamas. This friend of mine said they had phoned the office of BPC based in the Bahamas a number of times during the day and that this contact number always rang out. This person is going to travel over to the office address as advertised on the BPC website and see if anyone is based there let alone working there. I will let you know. Furthermore, when I inquired into some of the senior management as advertised on the bulletin board. Jane Bond - the resurface manager is an independent consultant working on projects for a wide range of companies. Nowhere does she advertise the fact she is the subsurface manager for Bahamas Petroleum Company and David Bond "the drilling Director " states on his linked in profile that he is currently working as the drilling director for Ophir Energy and has been for over 5 years. As stated the reason why none of the other 15 non-execs or senior management ever post comments or make presentations I cannot offer a reply. My research tells me that the office in the Isle of Man is a virtual office used by hundreds of companies worldwide and in the past has been linked to the infamous Panama Papers. It is very easy to "rent an office" there as it is mainly used as a virtual office that offers meeting and board rooms available to hire for a day and a virtual address.

Hi Star or Irene or anyone else, Please could you answer my questions. I not ramping or deramping just looking for honest answers from you or anyone as I am invested quite heavy ( for me ) in BPC.
1. How many barrels of oil has been produced and sold by CERP (or a different trading name) in the past 2 years?
2. How many barrels of oil has been produced and sold by BPC in the past 2 years?
3. Apart from the intangible assets of the licences what assets did BPC have prior to the CERP Acquisition as I cannot see very little in the balance sheets ? I may be missing something.
4. There are six board members according to the official website: Bill Schrader, James Smith, Simon Potter, Adrian Collins, Ross McDonald and Leo Koot. All but one of these directors is a NON- EXECUTIVE Director. The one exception being Simon Potter. Does anyone find this unusual?
What personal stake or shareholding do these non-excecs have in BPC ?
6. Has anyone on this BB seen any presentations from anyone other than Simon Potter or Eytan Uliel ? There are 18 board and senior management but it only seems to be Potter or Uliel who represent the company publicly.

Ross - Apologies - my error totally.

Apologies Point 4 of my post at 16.24 should read Simon Potter not Simon Collins.

I dont think we need to be upset by other posters opinion. Just accept them and move on. There are a wide range of opinions from downright cynical ( Irene, Ross ) who think BPC is a "dream company " the share price is never going to rise and its going to fall flat on its face. To many posters who are looking to take our pre-spud in the event of a rise and are doubtful of a successful drill on P1 but looking to make money pre spud, to other posters who are a lot more optimistic and see this as"a once in lifetime opportunity" . Everyone adds value with their comments and research and its good to get a wide range of opinions. One thing I would add personally is I would like someone to qualify for me the following:
1. How many barrels of oil has been produced and sold by CERP (or a different trading name) in the past 2-3 years?
2. How many barrels of oil has been produced and sold by BPC in the past 2-3 years?
3. Apart from the intangible assets of the licences what assets did BPC have prior to the CERP Acquisition as I cannot see very little in the balance sheets ? I may be missing something.
4. There are six board members according to the official website: Bill Schrader, James Smith, Simon Potter, Adrian Collins, Ross McDonald and Leo Koot. All but one of these directors is a NON- EXECUTIVE Director. The one exception being Simon Collins. Does anyone find this unusual? What personal stake or shareholding do these non-excecs have in BPC ?
5. Why are the contact numbers on the BPC website not working? Nobody has answered this yet and I am still to receive a reply that reassures me from anyone. Unless someone can prove otherwise I very much doubt anyone is working there.
6. Has anyone ever met, had discussions or seen any presentations from anyone other than Simon Potter or Eytan Uliel ? There are 18 board and senior management but it only seems to be Potter or Uliel who represent the company publicly.

Jim 1556: 08.51 - Love the following an

This feels like watching Jimmy White in his heyday, always wanting him to lift the world title, but never quite managing it .

Layladylay - Great post and the wisest words I have read for a long time " I could go on at length but the point I wish to make is that a forecast on a slide is only of value to shareholders if that forecast is achieved, otherwise it's nothing more than sales talk. We know from experience that Koot is something of a salesman and has failed to live up to expectations during his tenure at CERP". Very eloquently put !! I do hope Messrs Uliel, Potter, and Koot are genuine oil visionaries and deliver the results. The alternative is they are experts only in the art of convincing gullible investors to spunk their pension and savings by continually buying shares in their phantom oil companies".

Ross , Do you think everything is hedged on a successful P1 drill for the long term rise in BPC ? In your opinion , have you disregarded any increase in SP due to the cerp assets and other licenses? If P1 was a total duster how could you envisage the BOD raising finances for exploratory drills in Uruguay or further developing CERP assets. Yet more dilution in this scenario ? Genuinely Interested in your opinion.

I am of the opinion that the SP has settled around the 2.5p mark as a basement level. If P1 is a total duster I think initially the SP will tank to maybe as low as 1.75p but with Cerp assets and other licences available (provided there are no further share dilutions) the SP should then rise and be comfortable around the 2.5p mark. If this is the case it's really a free hit on the P1 drill if anyone has bought in at 2.5p or below. Worst case scenario - duster and some short term hurt and get your money back out, best case scenario SP rises and take out in December before a drill or go the whole gamble and its a gusher and the start of the BPC story.

Just tried to put a buy trade on. Couldn't put it on !!

JBT 2007- I am not being mischievous. I have a considerable sum of my children's inheritance gambled into this company. Trust me if it comes up trumps I will gladly buy you and anyone else a drink at Langan's ( I think this is the place mentioned if we celebrate) and happily wear the numpty hat all night during the meal !!! I am just hoping they are the most inept organization Ive ever met at communications rather than snake oilskin salesmen. In relation to Potter saying he was going to sell oil of the back of a boat I will search through the videos and put it up on a post. Believe me he said it. I did not make this up !! Has anyone managed to get through to any of the contact numbers on BPC website yet ?

Can someone please explain the following : 1. Why BPC doesnt have any staff in their Bahamas offices answering calls or a number that works or indeed any one at their "head office" the receptionist I spoke to had never even heard of Bahamas Petroleum Company? Please dont talk to me about virtual offices as I have staff who work for me in 3 different continents and I am fully aware of virtual offices, nor state it is to save money, we are supposedly talking of an oil and Gas "champion" company that is going to drill for a billion barrels of oil. Think about it BPC is going to drill for a billion barrels of oil and they dont even have a phone number that works in the Bahamas. Has the penny not dropped folks !!! If you dont believe me try phoning their contact numbers and getting through to anyone. The only people we ever see from BPC is Simon Potter who turns up about once in every 4 months to do a slide presentation in a dusty old room in front of a few long term holder shareholders . Last presentation i viewed he stated he going to sell "oil of the back of the boat "when asked how they are going to get it to market. It was like he just made up the answer there and then. " Oil of the back of a boat " - do me a favour ! And then there's Eytan Uliel who cant even work a slide presentation ( see last presentation ). The only office Eyton has is from his bedroom in Australia, he is the man we hear from most and he is not even on the BOD if you look at the BPC website. He is only senior management . Question : Why do we never hear from the Operations Director Nathan Rayner. Surely this man is key to all operations. It should be him who is giving updates to shareholders and to potential investors. This man is like Lord Lucan. Why do never hear from him or even David Bond the drilling director. I think its all a mess and the markets and institutions are very sceptical of BPC hence we have a share price of 2.3p with only 2 months to go to drill. No one is even biting at this share but then again why should they when they cant get through to speak to anyone from the company ! Shambolic.

tel: +1 2423625120 - Bahamas Telephone number for BPC. Good luck with getting through to anyone in the Bahamas Petroleum office in the Bahamas as well. The telephone number doesn't even exist. So no one is answering the telephone at the head (virtual ) office and no one is in the Bahamas where they are supposed to be drilling in less than 2 months. And we wonder why the share price is falling by 7% today. Eytan is the commercial director, I suggest an office where any staff member of Bahamas Petroleum Company PLC can be contacted would be a start. What are the majors going to do contact the board of directors through LINKEDIN or through Facebook. As a shareholder with a considerable investment I find it inept at best.

Jim the know - 21.10.2020 - 21.08 - You commented the following and may I add I do very much respect your posts and knowledge which far exceeds mine. “ Some of this is what weighs on the share price, people don’t fully trust them “. Well as a shareholder I’m beginning to think I don’t trust them when they don’t even have an actual genuine staffed head office and telephone number. No wonder as you say “ people don’t trust them “. Secondly I saw a video in which when questioned about how BPC was going To get the oil to market - Simon Potter said and I quote “ He was going to sell it off the back of a boat “. I’ve got visions of him and Ethan trying to flog dodgy barrels in the Caribbean off the back of a dinghy. Honestly, I’ve not been into this share long but it’s just stinks of incompetence. Another question since the Cerp takeover where has Mr Koot gone ? Im going to contact all the other BPC office’s tomorrow and take a little visit over to the head office shortly to see where all my dough is. The head office address for BPC is the same head office address as the “ panama papers “ and we all know what happened there !!

Tonsan & JBT2007 - please feel free to call the head office of Bahamas Petroleum Company PLC the number is Tel : 01624-647883. The message says initially you will be charged for calling this telephone number and when you do get through the receptionist knows nothing about Bahamas Petroleum Company, she stated to me she was just a receptionist for a number of companies. The office in London has a mobile telephone number only and the “ media contact is Billy Clegg”. I’m beginning to think Irene Krapp May be right after all !!

Hi Star - not trying to cause any trouble but my son, pointed it out, ( he is very dubious of BPC ), Its not a case of escalating a complaint as I dont have one, but the simple matter of fact is a company that is going to drill for an estimated 1 billion barrels of oil and has a market capital of £95m should be expected to have the resources to pay for " a head office" that probably costs in the region of £30,000 per annum.