Other locations within BPC's licence area8 Feb 2021 12:51
BPC didn't give up on drilling in Bahamas. There are some other location to explore.
''A core focus of this review will be an assessment of the technical and value potential established by the drilling of Perseverance #1, and the definition of further activities that will maximise the Company's ability to monetise and thus create value from its extensive acreage holding in The Bahamas.The Company considers the results from Perseverance #1 - notably the confirmation of migrated oil within the Aptian reservoirs - will significantly reduce technical risk for any future/further exploration in this new frontier province. In particular, BPC considers that the results from Perseverance #1 may provide a strong technical basis for renewed farm-in discussions, with a view to future drilling at other target locations within BPC's licence areas.''