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BahamasPetrolCo PLC Ord 0.002P (BPC)

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27-Sep-2019 08:05 AM

Bahamas Petroleum losses increase with extension of exploration period

Bahamas Petroleum saw losses increase to £1.5m from £0.1m as announced in its interim results for the period ending 30 Jun 2019. The company saw an extension for its second exploration period for the company's licenses to 31 December 20
13-Jun-2018 10:35 AM

Bahamas Petroleum Company operating losses narrow as oil market steadies

Oil and gas explorer Bahamas Petroleum Company operating losses narrowed 16% in the year through December as rising oil prices had created a more buoyant commercial environment for exploration. In the 12 months ended 31 December, operating losses fell 1
29-Sep-2017 08:08 AM

Bahamas Petroleum operating losses narrow

Bahamas Petroleum's operating losses fell to $1.7m in the six months to the end of June - down from $2.2m last time. In June and July, the company successfully raised $3.5m, gross, through the placement of 280 million new shares. It said the raise
13-Sep-2017 07:46 AM

Bahamas Petroleum update on funding and farm-out

Bahamas Petroleum Co has issued an update in relation to its business and ongoing farm-out process. In mid-July, the company completed the raising of US$3.5 million (£2.8 million) before expenses through a firm and conditional placing of 280,00
14-Aug-2017 09:57 AM

BPC joint broker stands down

Bahamas Petroleum Company has announced that its joint broker, Canaccord Genuity, was standing down effective today following which Shore Capital Stockbrokers would act as the company's sole broker. At 9:57am: (LON:BPC) Bahamas Petroleum Company PL
14-Jul-2017 01:25 PM

Bahamas Petroleum to raise £1.7m via share issue

Bahamas Petroleum has announced that the resolution put to shareholders at the Extraordinary General Meeting held earlier today was duly passed. As a result, the Company will issue 170,000,000 new Ordinary Shares of 0.002p, inclusive of the participation
15-Jun-2017 08:03 AM

Bahamas Petroleum Co losses narrow

Bahamas Petroleum Company's total operating loss for the year to the end of December was $3.8m - down 20% on last time and 10% on the six month period to June 2016 when compared on an annualised basis. The company said the results reflected its ef
27-Sep-2016 08:09 AM

Bahamas Petroleum operating loss narrows

Bahamas Petroleum posts a total operating loss of $2.159 million for the six months to the end of June, down 8% on last time and 11% on the 2015 full year result on an annualised basis. The company says that on a true cash basis, considerably greater sa
31-Aug-2016 02:19 PM

Bahamas Petroleum resolutions passed at AGM

Bahamas Petroleum Co has confirmed that all resolutions proposed at its annual general meeting earlier today were passed. At 2:19pm: (LON:BPC) Bahamas Petroleum Company PLC share price was +0.05p at 1.5p Story provided by StockMarketWire.com...
21-Mar-2016 12:10 PM

Broker Forecast - Canaccord Genuity issues a broker note on Bahamas Petroleum Company PLC

Canaccord Genuity today reaffirms its speculative buy investment rating on Bahamas Petroleum Company PLC (LON:BPC) and set its price target at 3p. Story provided by StockMarketWire.com...
21-Mar-2016 09:43 AM

Bahamas Petroleum losses rise

Bahamas Petroleum Company posts an operating loss of $4,845,139 for the year to the end of December compared with $4,778,879 last time. Pre-tax losses rose to $4,774,445 from $4,668,179. Chief executive Simon Potter said: "We maintain the strong bel
22-Dec-2015 07:36 AM

Bahamas Petroleum delight at passing of Bills

Bahamas Petroleum Co says it is delighted that the Bahamian House of Assembly has passed the the Petroleum Bill and associated regulations, as well as a Sovereign Wealth Bill. The Bills will now be sent to the Bahamian Senate and following successful pa
23-Jul-2015 02:05 PM

Bahamas Petroleum resolutions passed at AGM

Bahamas Petroleum has confirmed that all resolutions proposed at its annual general meeting earlier today were passed. At 2:05pm: (LON:BPC) Bahamas Petroleum Company PLC share price was +0.02p at 2.35p Story provided by StockMarketWire.com...
23-Jul-2015 07:32 AM

Bahamas Petroleum losses narrow

Bahamas Petroleum Company posts an operating loss of $2.3m for the six months to the end of June - down from $2.5m last time. Highlights: · Four southern licences exploration period renewed for a further three years to mid-2018 with a requirement
17-Jun-2015 12:44 PM

Bahamas Petroleum completes licence renewal process

Bahamas Petroleum Company, the oil and gas exploration company, has announced that the Governor-General has signed the Licence Renewal Addendum. The Company entered into a Licence Renewal Addendum with the Bahamas Government in respect of its four southe
08-Jun-2015 07:07 AM

Bahamas Petroleum losses narrow

Story provided by StockMarketWire.com...
28-May-2015 08:46 AM

Bahamas Petroleum update on Petroleum Bill

Bahamas Petroleum Company has noted a slight delay on the new Petroleum Bill and suite of associated regulations currenlty progressing through the Bahamian House of Assembly. Bahamas Petroleum says that following a procedural request by the Leader of the
21-May-2015 09:21 AM

Bahamas Petroleum update on Petroleum Bill

Bahamas Petroleum Co is pleased to note that the Petroleum Bill and suite of associated regulations as well as a Sovereign Wealth Bill have been put before the Bahamian House of Assembly for their second readings. This suite of Bills and associated regul
18-May-2015 07:49 AM

BPC's licences

Bahamas Petroleum Co has agreed upon the terms of a licence renewal addendum in relation to its four southern licences. The current term of the licences has been extended to 2Q 2018 and the drilling commencement date has been extended to April 2017. Th
16-Feb-2015 09:23 AM

'Exciting' future for Bahamas Petroleum Co

The future for Bahamas Petroleum Company is more exciting than ever before, chief executive Simon Potter says. He believes a new Bill - which is expected to become law soon - will provide the regulatory certainty that industry participants typically requ
18-Dec-2014 09:06 AM

Bahamas Petroleum welcomes move on new regulations

Bahamas Petroleum Co is pleased that a new Petroleum Act and a suite of associated regulations to guide and govern oil exploration have been placed before The Bahamas parliament. In addition, as indicated by the Minister of Environment and Housing, a So
08-Oct-2014 04:25 PM

BPC welcomes move on new regulations

Bahamas Petroleum Co has welcomed an announcement by the Bahamas minister of the environment and housing that a new Petroleum Act and regulations to guide and govern oil exploration have been completed. The government says it is committed to introduci
15-Sep-2014 07:45 AM

Bahamas Petroleum losses narrow

Bahamas Petroleum Company posts an operating loss of $2.5m for the six months to the end of June - down from $3.1m last time. Bahamas Petroleum says it is engaged in ongoing discussions with a range of companies as it continues to actively pursue a fund
04-Aug-2014 03:30 PM

Bahamas Petroleum resolutions passed at AGM

Bahamas Petroleum has confirmed that all resolutions proposed at its annual general meeting earlier today were duly passed. At 3:30pm: (LON:BPC) Bahamas Petroleum Company PLC share price was 0p at 2.3p Story provided by StockMarketWire.com...
12-May-2014 08:58 AM

Bahamas Petroleum losses narrow

Bahamas Petroleum posts pre-tax losses of $5.2m for the year to the end of December - down from $6.3m last time. Chief executive Simon Potter said: "Whilst the pace of progress towards initiating drilling has been slower than I and my shareholders e
 
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