Bahamas Petroleum Share Discussion Threads

[shanur90] 21/8/2019 08:47

How is it 2 to 3 months when it had until the 3nd of 2020 before the license expires

[shanur90] 21/8/2019 08:46

It was nearly 8p last year on the other agreement this time seems like a drill will happen and only 2p level usually goes on a good run over a week

[martyn9] 21/8/2019 08:36

Aimnewbie,this has moved on a lot further since the exclusive agreement from a year ago,different league now.

[linton78] 21/8/2019 08:32

I agree Martyn. It’s pretty clear they are sitting back and waiting for licenses to expire IMO.

If they want in they only have 2-3 months now?

[martyn9] 21/8/2019 08:29

Agreed linton, imho a farm in partner will be announced sooner than expected,a wake up call for the oil majors.

[novice2006] 21/8/2019 08:27

55% dilution but 100% ownership, not a bad option in my opinion. It might hurt short term but if we strike...

[linton78] 21/8/2019 08:24

This is a sure buy signal - Ken is back.

The rock has been moved by the garden shed... Lol.

[linton78] 21/8/2019 08:20

Martyn - fingers crossed this continues right up until the drill bit goes into the sea bed!

Good luck all, and well done BPC for getting this drill on track.

[martyn9] 21/8/2019 08:15

When the market has had time to digest and grasp this news,these will fly over the coming days.

[martyn9] 21/8/2019 08:12

Excellent news,this will get drilled and what a potential reward at long last.

[linton78] 21/8/2019 08:10

It’s going to be a mad scramble to get in now.

[archlight] 21/8/2019 08:09

cant even get a online quote with HL for 100k

[linton78] 21/8/2019 08:07

C2B - its a bit like Brexit a late deal is still possible. I thought they must have a rig on order by now.

As a long term holder, I just want to see this drilled next year.

[c2b] 21/8/2019 08:00

Yes one can be cynical and drilling wild cat wells is highly speculative, but the options etc. are not excessive if drilling is successful and would they really have done all this if there was no chance of getting a farm-in?

[todpodger] 21/8/2019 07:58

AlH dilution maybe giving 100% ownership on successful drill outcome not bad punt for a halfway you can come to party to.

[linton78] 21/8/2019 07:55

Good morning, well that should kick the oil majors right up the backside.

[apfindley] 21/8/2019 07:52

Nothing definite still.Wait for a real agreement.

[al h] 21/8/2019 07:51

Todpodger ... open your eyes and quit proving you're a halfwit.

No farm in partner and a massively dilutive fund raising is BAD whichever way you look at it. About to become a "fractions of a penny" share

[rayrac] 21/8/2019 07:48

Worth a punt, that’s for sure!

[bigsi2] 21/8/2019 07:43

at least it will get drilled -that will be interesting for sure

[todpodger] 21/8/2019 07:38

All genuine posters on here know one another ignore the roaches that have just turned up.

[todpodger] 21/8/2019 07:34

FLOP MAN you can still come to the party we all love you your funny.