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Bahamas Petroleum Co (BPC)

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Tuesday 17 September, 2019

Bahamas Petroleum Co

Result of Annual General Meeting

RNS Number : 6387M
Bahamas Petroleum Company PLC
17 September 2019

17 September 2019


Bahamas Petroleum Company plc



Result of Annual General Meeting


Bahamas Petroleum Company plc ("BPC" or the "Company"), the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas is pleased to announce that at its Annual General Meeting held earlier today, all resolutions were duly passed.


The permissions granted by our shareholders today will allow us to move forward a series of coordinated steps that the Company has taken toward drilling of an initial exploration well during 2020, consistent with our licence obligations, including providing important options available to us in funding the well.  Importantly, this will add tension into the ongoing farm-out discussions, such that the Board can pursue whichever funding option it deems is in the best interests of the Company and all its stakeholders.





For further information, please contact:


Bahamas Petroleum Company plc

Simon Potter, Chief Executive Officer


Tel: +44 (0) 1624 647 882

Strand Hanson Limited - Nomad

Rory Murphy / James Spinney


Tel: +44 (0) 20 7409 3494

Shore Capital Stockbrokers Limited - Broker

Jerry Keen / Toby Gibbs

Tel: +44 (0) 207 408 4090


Billy Clegg / James Crothers

Tel: +44 (0) 20 3781 8331


Notes to editors:


Bahamas Petroleum Company is an oil and gas exploration company with 100% owned offshore licences exclusively focused on The Commonwealth of The Bahamas. The Company has significant prospective resources, which have been de-risked through both extensive 2D and 3D seismic. The Company is intent on delivering safe and environmentally responsible exploration.


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