Statement re media speculation

RNS Number : 4515R

Bahamas Petroleum Company PLC

28 February 2019

 

28 February 2019

Bahamas Petroleum Company plc

("Bahamas Petroleum" or the "Company")

Statement re: media speculation

Bahamas Petroleum Company, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas ("The Bahamas"), notes recent media coverage in the Bahamas.  As announced on 22 February 2019, active discussions are ongoing with a number of potential farm-in partners although the Company confirms that, at this time, no commercial agreement for the financing of its initial exploratory well has yet been reached. 

Ends

For further information, please contact:

Bahamas Petroleum Company plc Simon Potter, Chief Executive Officer	Tel: [phone]
Strand Hanson Limited - Nomad Rory Murphy / James Spinney	Tel: [phone]
Shore Capital Stockbrokers Limited Jerry Keen / Toby Gibbs	Tel: [phone]
CAMARCO Billy Clegg / James Crothers	Tel: [phone]

 

END

 

 

SPCTPMBTMBITBJL