Bahamas Petroleum Company preparing to drill Saffron 2
6th May 2021 11:49
(Sharecast News) - Caribbean and Atlantic margin-focussed oil and gas producer Bahamas Petroleum Company updated the market on upcoming drilling of the Saffron #2 well in Trinidad and Tobago on Thursday, reporting that rig mobilisation to the field would begin on 9 May, targeting the start of Saffron-2 drilling on or around 23 May.
Read moreBahamas Petroleum makes progress in Bahamas and Uruguay
24th Mar 2021 13:00
(Sharecast News) - Caribbean and Atlantic-focussed oil and gas company Bahamas Petroleum (BPC) updated the market on its high-impact exploration assets in the Bahamas and Uruguay on Wednesday, reporting that since it completed drilling on Perseverance #1, it had held discussions with industry counterparties over a potential farm-out of its licences in the Bahamas.
Read moreBahamas Petroleum lays out details of new funding deal
16th Dec 2020 16:27
(Sharecast News) - Bahamas Petroleum Company (BPC) updated the market on the funding agreements it had announced on 14 December on Wednesday.
Read moreCovid-19 measures add costs to Bahamas Petroleum well
27th Nov 2020 13:53
(Sharecast News) - Caribbean and Atlantic margins-focussed oil and gas company Bahamas Petroleum updated the market on cost estimates and funding arrangements for well operations in the Bahamas on Friday, reporting that the sustained impact of Covid-19 meant that itself and Stena Drilling had decided to implement "enhanced" coronavirus mitigation measures.
Read moreBahamas Petroleum progresses preparations for Perseverance 1 drilling
17th Nov 2020 12:31
(Sharecast News) - Bahamas Petroleum Company (BPC) updated the market on preparations for Perseverance 1 ahead on drilling on Tuesday.
Read moreBahamas Petroleum down on Trinidad developments
2nd Oct 2020 12:47
(Sharecast News) - Bahamas Petroleum Company updated the market on the current status of two contract arrangements in Trinidad & Tobago on Friday, with the first being the extension of the incremental production service contract at Goudron, pending a new 10-year enhanced production sharing contract.
Read moreBahamas Petroleum raises £9.5m for Perseverance-1 well
1st Oct 2020 08:10
(Sharecast News) - Exploration and production firm Bahamas Petroleum raised up £9.5m on Thursday by virtue of an institutional share placing.
Read moreBahamas Petroleum confirms restart of Covid-postponed drilling
25th Sep 2020 10:10
(Sharecast News) - Caribbean and Atlantic margin-focussed oil and gas company Bahamas Petroleum has been notified by Stena Drilling that the 'Stena IceMAX' was the intended drill rig for the upcoming 'Perseverance 1' drilling campaign.
Read moreBahamas Petroleum Company awarded offshore Uruguay licence
9th Jun 2020 12:57
(Sharecast News) - Bahamas Petroleum Company announced on Tuesday that it has been awarded the 'Area OFF-1' petroleum licence, offshore Uruguay.
Read moreBahamas Petroleum secures rig for 'significantly reduced' cost
26th May 2020 13:01
(Sharecast News) - Bahamas Petroleum Company announced on Tuesday that, having postponed its 'Perseverance 1' drilling operation from the first half of 2020 due to the Covid-19 coronavirus pandemic, had now entered into a definitive contract with Stena Drilling for a drilling rig as soon as the fourth quarter.
Read moreCoronavirus sees Bahamas Petroleum push back drilling plans
13th Mar 2020 10:27
(Sharecast News) - Bahamas Petroleum Company updated the market in the timing for the drilling of Perseverance #1, its first exploration well in the Bahamas, on Friday.
Read moreBahamas Petroleum opens mutual fund to Bahamian investors
6th Jan 2020 15:45
(Sharecast News) - Oil and gas exploration company Bahamas Petroleum updated the market on the creation of a Bahamian-domiciled mutual fund on Monday, explaining that it would provide qualifying Bahamian investors with the option to share in the outcome of the project to explore for hydrocarbons in the Bahamas, should they so wish.
Read moreBahamas Petroleum mulling funding options as share price languishes
3rd Oct 2019 11:07
(Sharecast News) - Oil and gas exploration company Bahamas Petroleum noted the latest movements in its share price on Thursday, and continued speculation pertaining to an imminent potential fundraising transaction by way of an equity placing to institutional investors.
Read moreBahamas Petroleum Company reduces some expenses as development progresses
27th Sep 2019 09:18
(Sharecast News) - Pre-revenue oil and gas explorer Bahamas Petroleum Company reported a 12% decrease in 'other expenses' in its half-year results on Friday, compared to the prior six month period, due to its cost control programme despite "significant activity".
Read moreBahamas Petroleum on track for first well in 2020
21st Aug 2019 12:00
(Sharecast News) - Oil and gas explorer Bahamas Petroleum Company has entered into a series of agreements as part of a coordinated approach toward drilling its first exploration well in the Bahamas in 2020, it announced on Wednesday.
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