Share Name Share Symbol Market Type Share ISIN Share Description
Bahamas Petrol LSE:BPC London Ordinary Share IM00B3NTV894 ORD 0.002P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.035p -2.61% 1.305p 1.26p 1.35p 1.26p 1.26p 1.26p 728,516.00 16:35:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -3.2 -0.3 - 16.06

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Date Time Title Posts
22/3/201712:21BPC Ltd17,683.00
21/3/201700:06L2 - Observations, comments and screenshots48.00
08/3/201720:15NEW BPC (abuse free)8,230.00
21/3/201608:00Bahamas Petroleum Company PLC2,714.00
16/12/201410:55Potters time is nearly up1,789.00

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Bahamas (BPC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2017-03-24 16:29:511.3314,134187.50O
2017-03-24 16:21:521.3370,000928.62O
2017-03-24 15:56:341.2617,448219.84AT
2017-03-24 15:44:331.3375,000994.95O
2017-03-24 15:44:141.28100,0001,280.00O
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Bahamas (BPC) Top Chat Posts

DateSubject
25/3/2017
08:20
Bahamas Daily Update: Bahamas Petrol is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker BPC. The last closing price for Bahamas was 1.34p.
Bahamas Petrol has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 1,230,479,096 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Bahamas Petrol is £16,057,752.20.
27/1/2017
15:48
ride the wave 1: 2.1m buys vs 800k sells The monkeys have been short of shares all week and now they have to try and find a few more (by looking at today's buys vs sells) . There's nobody selling this stock so the only way to get shares is by increasing the share price to try and tempt some sells . STRENGTH INTO CLOSE
27/1/2017
15:29
lithological heterogeneities: ride the wave 127 Jan '17 - 13:49 - 8099 of 8099 "Also the price of oil has gone up since then ,so it becomes even more attractive to a major oil company for a farm in" ------------------------------------------------------------------------------ 02 April, 2012 http://www.investegate.co.uk/bahamas-petroleum-co--bpc-/rns/final-results/201204020700155255A/ "The Group intends to raise funding through the placing of ordinary shares and farm-outs of its licences." BPC share price:11p. Cash: $35m. Price of Oil:$103. ------------------------------------------------------------------------------ 27 Jan 2017 BPC share price:1.8p. Cash:less than $1.5m. Price of Oil:$53. So almost 4 years of farm-out intentions with $35m in the Bank and a POO of $103 in April 2012. Now less than $1.5m in Bank with POO of $53 in Jan 2017. A reduction from a POO of $103 to $53 is NOT an increase in oil price and BPC had $35m in cash to negotiate from a position of strength back then. This is why so many investors lost faith.
27/1/2017
10:56
robertjbeck: In seeking to make an objective appraisal of BPC’s current share price I thought it would be interesting to compare it with one of the other pure oil exploration plays that is generating interest at present – MATD (all imho) I was an investor in MATD during the period 2009 – 2012. As I recall they drilled about eight or nine wells (DT 1-7 & 9) in block XX and apart from encountering some evidence of hydrocarbons in a number did not confirm any commercial discovery. They did flow test a couple of wells with DT 1 flowing at 1 barrel of fluid per day. They provided frequent operational updates with glowing assessments of potential recoverable resources but did not bring a single well into production. They have shot a load more seismic since then but if the results suggest a significant prospect then why were they unable to retain Shell as a farm in partner. To be fair they have a huge unexplored area which may yield better results that their last attempt but it will take an equally huge number of $ to undertake and no assurance the outcome will be any better than their initial campaign. They are planning to drill 2 wells in 2017. If they did not hit the jackpot with the nine well drilled previously than the odds of succeeding with 2 wells is likely lower. The current market cap of MATD is £61.8 mil. BPC do not have an enviable record either but is has been government bureaucracy in the Bahamas in getting the oil legislation in place that foiled BPC rather than the drill bit. As already confirmed by RTW, Independent analysis by Wood Mackenzie shows that the anticipated well ranks in the top 10 "Drilling and Future Wells by Prospect Size". All they need is to secure a farm-in partner to get motoring. The judgement call therefore is whether you believe this top 10 prospect will secure a partner. I think it’s a better bet than MATD where the farm-in partner already bailed. The current market cap of BPC is £22.0 mil. Now don’t get me wrong I wish the guys at MATD the very best and hope they make a major strike but I think BPC is at least comparable in the Risk / Reward analysis. If so then allowing for the $15 mil cash MATD will have received from Shell, this suggests that the current BPC share should price be over 2 times higher than present.
26/1/2017
13:24
ride the wave 1: Bpc have enough cash to last them actually . Just read the last rns and you will see it in black and white . I hope nobody listened to you because you would have cost them money where as if people listened to me or Whoppy then they would be sitting on a nice profit with a lot more to come . Just watch the share price keep climbing .... ATB
25/1/2017
17:15
ride the wave 1: One more thing , you can't buy these shares because there are none to buy . I've never known a share where the monkeys have none to sell you . Don't get me wrong you will get them but it will be at a massive premium to the current share price .This is a tightly held stock and it must be for a very good reason like a farm in partner will be announced . What you are seeing is a re-rate before the news comes (starting to price it in a little bit). When the news arrives this will be in double digits before you can blink . Forget all the derampers and their nonsense and stick to the facts that are in front of you ... All imho DYOR :) GAME ON CHAPS !!!!
24/1/2017
17:37
ride the wave 1: I like the way the AT monster started buying again a minute before close and then the monkeys opened up the ask side on the very next trade . Watch how this goes up tomorrow whilst locking most of the sellers out . All the weak have been flushed out and now the monkeys have shares to sell for the next push up . I think there's huge news coming that will re-rate the share price to a much higher level . That's the reason why we have started to move up and why the monkeys are so desperate to collect some shares . They will push the price back up to try and tempt some more sellers next . Remember a RNS could land at anytime and that's the reason why I feel so comfortable riding the waves . I would rather be in than out !!! Same time - same place tomorrow :)
19/1/2017
09:36
olieslim: Maybe it was related to this one: · Issue of new options: o Issue of replacement new options to Directors (39 million options to Simon Potter, 2 million options to the Chairman and 4 million options to be shared equally between the remaining Non Executive Directors). o Issue of new options to staff (23.85 million in aggregate). · Conditions of all new options: o Strike price is the higher of 110 per cent. of 30 day VWAP on the date of grant and 110 per cent. of the closing share price on the date of grant. o The new options are valid for five years, 50 per cent. will vest on conclusion of a successful farmout and 50 per cent. will vest on commencement of the initial exploration well. Excerpt from: HTTP://www.investegate.co.uk/bahamas-petroleum-co--bpc-/rns/compensation-and-option-plan-revisions/201604040700080114U/
30/9/2016
13:09
lithological heterogeneities: BPC Date.....................................30.09.16 Share Price..............................1.3p (1.26/1.35) Shares in Issue..........................1.23 billion Mkt Cap..................................£16m Cash at 30.06.16.........................$2.5m(£1.9m) Cash at 31.12.16 (projected by BPC*).....$1.5m(£1.2m) Cash runs out date (projected by BPC*)...H2 2017 Obligation to drill date.................April 2017 PARTNER DISCUSSIONS (From 27 Sep 2016 RNS*): • "meaningful discussions with a number of suitably qualified potential partners are ongoing" • "we have continued to attract the attention of both major and independent operators" • "the pace of progress has been less that we would desire" • "Overall, efforts to secure the finance required for the Company's initial exploration well via a farm-out or partnership continue to progress encouragingly, but at a slower pace than desired" • "additional work has been undertaken to further de-risk various technical aspects of the prospects. This has largely been targeted work in response to multiple assessments by various external parties in the course of ongoing discussions, each of whom bring their own particular area of enquiry and focus to the technical evaluation process and commercial discussions." • "we remain confident that we will conclude a partnership agreement within the required timeframes" * ---------------------------------------------------------------------------------------------------------------------------- * Interim results for the six months to 30 June 2016 http://www.investegate.co.uk/bahamas-petroleum-co--bpc-/rns/interim-results-for-the-six-months-to-30-june-2016/201609270700078717K/ "As at 30 June 2016 the Company had a total cash balance of approx. $2.5m. Given that cash outflows over the remainder of the 2016 calendar year will be substantially lower than during the first half of 2016 (as noted largely due to the various cash savings initiatives implemented to date as well as a reduced opening creditor position), the Company projects a total cash balance of approximately $1.5m as at 31 December 2016. The reduced corporate cash "burn" rate and our ongoing determination to avoid all non-core cash expenditure in the coming period is such that the Board is satisfied that these remaining funds are sufficient to see the Company into the second half of 2017, without further capital intake, thus providing sufficient time to complete the ongoing process of securing a partner and the funding of future well operations."
27/11/2014
18:20
poppet123: IMHO these low OPEC prices are all politics, the West against Russia, to show the Russians they can not just march into Ukraine, the pressure of low oil prices is hurting Russia, and the West has a huge oil reserve. I am on hols. In the sun, where oil prices are cheaper than UK. Regarding BPC share prices they are only interesting when oil prices are high, and oil stocks short again in my personal opinion, further fracking in USA is now in full swing. I will follow the story, with hope you all are sucessful. Finally good to see Hulltiger still around. The Poppet
05/7/2014
20:32
eburne1960: Well, if shares thinks BPC share price could halve, it's just as well he sold out. Oh, hang on.....
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