Bahamas Petroleum Share Discussion Threads

[whoppy] 17/2/2020 15:05

Obviously if they went 50/50 on the first well, it doubles the chance of finding oil, as they will be able to drill two wells. This does involve Seadrill showing the money upfront, but if Seadrill went for some sort of option of first refusal on a second well, they would give BPC a free carry on the second well and maybe drill a load more wells there after as part of a future drill programme on 50/50 cost basis..Drill out the basin and flog it to the highest bidder and split it 50/50.

[whoppy] 17/2/2020 14:38

Well they've ordered two well heads so maybe they will drill two wells. Seadrill might offer to drill a second well for free, if BPC hit on the first. Buy one get one free! Would sort out their debt if they have a 50% share in 2Bn barrels. Might want to do it anyway on the first well if it's only costing $25m. A 50% / $12.5m share/cost, for the chance of a jackpot seems a good bet.

[linton78] 17/2/2020 14:24

Definitely Whoppy. Its a shame at this stage two wells can't be drilled.

[whoppy] 17/2/2020 14:00

Thanks Linton. looks like the BPC well will be one to watch with the potential follow on if successful in opening up a new basin. The upside is just HUUUGE!

[linton78] 17/2/2020 12:50

Thanks to page of cups over on LSE for the above.

[deccer1] 17/2/2020 11:47

Looks toppy.

shorters now.

[dynamohum] 17/2/2020 11:17

Looking like action is about to start ⛷

[linton78] 16/2/2020 17:41

Best way Litho. Hopefully she was a strong swimmer.

[specialistslegion] 16/2/2020 17:10

YOUR MASTER AND MESSIAH COMMENDS YOU ON AN ORDERLY WEEKEND. WELL DONE MY FLOCK.

[lithological heterogeneities] 16/2/2020 16:22

Terrible weather conditions today. I've just visited my 80 year old neighbour to ask if she needed anything from the shop.No point in both of us going out in this weather.Turns out she did, so I gave her my list too.

[thatsmart1] 16/2/2020 09:05

TROLL ALERT, THERE'S A LOONY ON THE LOOSE!!!

[bigsi2] 15/2/2020 23:09

https://dominicantoday.com/dr/opinion/2020/02/14/a-region-wide-debate-on-caribbean-oil-and-gas-is-overdue/

[specialistslegion] 15/2/2020 18:55

PRAISE TO THE TRUE LORD - THE MESSIAH - THE LORD OF FINANCE

PRAISE TO ME - The greatest of them all

[specialistslegion] 15/2/2020 18:47

Loveless - I am the Messiah and the Bearer of all FINANCIAL knowledge. As such I see it as my duty to help the less fortunate ones. Currently you are all marked down to D-. BEWARE any further intransigence can result in the FORUM being shut down.

Your Messiah will make the bus 🚌 float above his head. Your Messiah is the master of the Matrix.

Your leader and master has decreed so. Enjoy your evening my children.

PRAISE THE LORD - THR TRUE MESSIAH - I AM THE UNIFIER.

[walkermike1] 15/2/2020 18:21

Messiahs are normally revered by the masses. So, by virtue of the fact that no one on this BB actually likes you, you're not the Messiah.

[specialistslegion] 15/2/2020 12:09

That is better - you see that was not difficult. Your Messiah will bestow some knowledge on you on Monday.

[walkermike1] 15/2/2020 08:55

Sure. Whatever.

[specialistslegion] 15/2/2020 03:52

No my little loser. I need to stay to help you as you are clueless. But donot worry - your Messiah will never ever never abandon you even if you mistakenly think you donot need your master.

[walkermike1] 15/2/2020 00:07

I wish YOU were long gone. Please go away.

[martyn9] 14/2/2020 22:09

Much adoo about nowt. The song remains the same.