14 Oct 2010 07:00

14 October 2010
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Bahamas Petroleum Company plc
("BPC" or the "Company")
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Director's dealings
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BPC, the oil and gas exploration company with licences in The Bahamas, announces that it was notified yesterday by Mike Proffitt, Non-Executive Finance Director of the Company, that his spouse, Virginia Proffitt, purchased 150,000 ordinary shares of 0.002p each in the Company ("Ordinary Shares")Â in the market yesterday at a price of 6.21 pence per Ordinary Share, representing approximately 0.01 per cent. of the Company's entire issued ordinary share capital.
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As a result of this transaction, Mike Proffitt is now interested in 12,510,000 Ordinary Shares, representing approximately 1.27 per cent. of the issued Ordinary Share capital of the Company.
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Enquiries:
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Bahamas Petroleum Company plc Alan Burns, Chairman and CEO Dr Paul Crevello, Chief Operating Officer  |  Tel: +44 (0) 1624 64 1199 Tel: +242 356 4114 |
Strand Hanson Limited Rory Murphy / Liam Buswell  |  Tel: +44 (0) 20 7409 3494 |
Novus Capital Markets Ltd Charles Goodfellow / Paul Dudley  |  Tel: +44 (0) 20 7107 1872 |
FirstEnergy Capital LLP Hugh Sanderson / Derek Smith  |  Tel: +44 (0) 20 7448 0200 |
Financial Dynamics Billy Clegg / Ed Westropp | Â Tel: +44 (0) 20 7831 3113 |
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