BPC.L Regulatory News (BPC)

24 July 2020

Bahamas Petroleum Company plc

("BPC", "Bahamas Petroleum" or the "Company")

Appointment of Alternate Director

Bahamas Petroleum, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas, announces the appointment to the Board, with immediate effect, of Peter Cannell, as Alternate Director to Non-Executive Chairman, Bill Schrader.

The appointment is solely for the purpose of matters relating to the Company's Annual General Meeting ("AGM"), taking place at 10:00 BST today, at the Company's registered office at IOMA House, Hope Street, Douglas, Isle of Man, IM1 1AP. As such, Peter Cannell's appointment will terminate following the closing of the AGM. The other existing members of the Board are unable to attend the AGM as a result of restrictions and advice relating to the Coronavirus (COVID-19) pandemic.

Additional Information on Mr Peter Joughin Cannell (Aged 54)

Mr Peter Cannell is an Advocate and Chartered Governance Professional at Quinn Legal, which has acted as BPC's Legal Counsel in the Isle of Man for 2 years. Mr Cannell was admitted as an associate to the Chartered Governance Institute (formerly the Institute of Chartered Secretaries and Administrators) in 1992 and commissioned as an Isle of Man Advocate in 2013.

The following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies:

Mr Cannell has no direct or indirect interest in the Company's issued share capital.

Other than the information contained within this announcement, there is no further information required to be disclosed pursuant to Schedule 2(g) of the AIM Rules.

For further information, please contact:

www.bpcplc.com

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