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Share Name Share Symbol Market Type Share ISIN Share Description
Bahamas Petroleum Company Plc 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
  +0.00p +0.00% 1.725p 1.65p 1.80p 1.725p 1.725p 1.725p 508,040 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.0 -0.1 - 27.00

Bahamas Petroleum Share Discussion Threads

Showing 43451 to 43471 of 43475 messages
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DateSubjectAuthorDiscuss
15/7/2019
22:17
The auction is based purely on hearsay from someone who has allegedly been in conversation with Ben profit.nothing has been stated by bpc as to this being the current situation soo until something concrete is announced this is purely based on what has supposedly been said.i hope its true but without official update I take it with a pinch of salt.
todpodger
15/7/2019
21:12
Jone06 - the CFO confirmed it to several shareholders long term shareholders and a detailed write-up of the conversation can be found on the BPC website. One shareholder met Ben face to face in the IoM fairly recently. The cash raise was linked to the legal work and underpins the process.
linton78
15/7/2019
20:32
bmccb5 - There was a deal pending certain legal issues were clarified. Unfortunately they were not clarified in time so the deal was off. This was announced in August last year when the major ended the exclusivity. A lot of people interpreted this as the major had walked away. Since then, Simon Potter has confirmed that the major has not walked away, it was just the exclusivity that ended. Unfortunately deals do fall through even if both sides want it.
whoppy
15/7/2019
20:15
What evidence is there that there is an auction going on?
jone06
15/7/2019
19:34
Stewart - that’s a shrewd post. The Chinese state oil companies are actively drilling in the Caribbean and IMO will be invited into the current auction. Deep pockets and the will to get one over the US in today’s political environment (trade war v trump). Pure guess but I reckon the cut off for bids is end of July / early August - standard English law docs to be signed to speed up the farm in process. Many of the faint hearted BPC shareholders may sell out now or approaching news, but the fact a competitive auction is in place tells us that interest is significant. All the main players will be reviewing terms and putting in strategic bids... could we end up with 30% plus and back costs? Maybe in this process.
linton78
15/7/2019
19:09
https://twitter.com/bahamasinvestor/status/1150823643359956992?s=19
stewart4990
15/7/2019
16:27
Unfortunately they changed their mind. It happens. Bit unforeseen really considering they were paying to do an exclusive deal. It might have been the offer wasn't good enough and they were going to come back with a revised offer but didn't. Not a great way waste a million dollars for nothing. We now have competitive bidding brokered by Macquarie so hopefully it will be different and there will be a result.
whoppy
15/7/2019
14:40
hmm. let's see what your senses were telling you this time last year.... ------------------------------------------------------------------------ whoppy - 10 Jul 2018 - 23:40:32 - 22545 of 30135 Deal is done. And it is a big Major. edit. 6 tickups on that post. 6 gullible fools believing your utter lies
bmcb5
12/7/2019
12:13
My senses say bids are in and they have an offer or two, maybe three, and they are now going through the detail. The spike this week was too suspicious and some pick up in activity was a result of offers on the table. Can't be as a result of a big fat zero on any offer, otherwise share price would of tanked by now. End of June deadline for RFP submissions would have been reasonable as it would have given majors 3 month's to submit and it's before the start of the holiday season.
whoppy
12/7/2019
11:14
BPC are already at a later stage than that of the Caribbean auction, in that BPC already have licences to drill in the Bahamas.
armatrading
12/7/2019
09:59
The AIM rules do not permit publishing wishy-washy data. As has been said before, the BoD has been just as frustrated as shareholders in not being permitted to keep the market informed.
brettmo
11/7/2019
16:34
It is approx 202 thousand minutes Linton give or take a few were do you get 5mins from that. time they updated FOR OBVIOUS REASONS like people have cash invested here and have a right to know how their investments stand to make rational decisions.
todpodger
11/7/2019
16:21
Not quite 5mins is it Linton.
todpodger
11/7/2019
14:29
BPC can't blurt out news every 5 minutes... for well known reasons!!
linton78
11/7/2019
14:18
Why is it other oil exploration companies can give out information of a similar vein to what bpc are supposed to be trying to achieve yet we always seem to be in a news blackout here on all fronts.surely bpc must realise that an update on progress to shareholders is long overdue.
todpodger
11/7/2019
14:06
About a dozen major oil producers, including U.S., Chinese and European companies, have expressed interest in bidding, said Reyes. Executives from Repsol SA, Total, CNOOC Ltd, Noble Energy Inc and Exxon Mobil Corp were signed up to attend Wednesday’s launch. Is it a case of those majors not mentioned like Shell, Chevron, Equinor, BHP, BP, an indication they might be busy in the Bahamas.
whoppy
11/7/2019
13:58
“This is mostly a frontier area with good potential, and in some cases with good business environment,” said Carlos Bellorin, an analyst at researcher IHSMarkit. ... With much less potential than BPC... that's why the advisors are running an auction to get the best percentage terms available to drill fold B. The fact this went to exclusivity last year points towards alot more interest in the acreage than we realise.
linton78
11/7/2019
12:59
Put Copl on your WATCHLIST.
mr copl
09/7/2019
17:38
Just upping the bid to accommodate the sells . . . . .these little spikes are like a death rattle in slow motion . . . . How many you got now whopper 😰
dynamohum
09/7/2019
16:22
1m buy just mopped up.
whoppy
09/7/2019
16:14
The best job potter ever had . . . Now as for the worst job . . . . . HTTPS://m.youtube.com/watch?v=_a_UKKvUcoE
dynamohum
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