Bahamas Petroleum Share Discussion Threads

[westmoreland lad] 17/2/2020 20:50

someone wanted out -- wonder why )-: Feb 17 2020, 16:32 3.125 2,000,000 3.10 3.20 Sell £62,500.0000 O

[specialistslegion] 17/2/2020 19:45

Hahahahaha. thatidiot1 is burning that the master rips him apart every time. Hahahhahahhahahah. Everyone gives the master the thumbs up and the idiot1 the thumbs down Hahahhahahh👏👏👏👏👏8079;👏

[specialistslegion] 17/2/2020 19:43

I see the idiot is really wound up by the master. Hahahhahahhahah Hahhahahha So easy to wind idiots up. Hahahhahahhahah

[thatsmart1] 17/2/2020 19:28

Run for the hills, troll still on the loose.

[dynamohum] 17/2/2020 16:54

However 3p beckons first 😎

[dynamohum] 17/2/2020 16:35

When the rig is on the way I will do . . . .😊

[whoppy] 17/2/2020 15:56

Enjoy the drill hummer ;-)

[whoppy] 17/2/2020 15:21

Https://connect.ihsmarkit.com/upstream-insight/article/phoenix/2674525/bahamas-petroleum-nears-charter-for-seadrill-rig Bahamas Petroleum nears charter for Seadrill rig. Bahamas Petroleum Company plans to drill Perseverance #1, its initial exploration well in 518 m (1,700 ft) of water offshore The Bahamas, in the near future, with results from the well expected in the second quarter of 2020. The well is to be drilled with a Seadrill offshore rig. In late January 2020, the company stated that it had been working to finalize the process of rig selection and contracting with Seadrill, with a definitive contract expected to be finalized in the coming weeks. While the specific rig has not been named, Bahamas Petroleum stated that physical inspection of the proposed rig would occur shortly while it is in port for class certification. This indicates that the rig is likely Seadrill drillship West Saturn, a 10,000-ft unit that is currently in the yard in Trinidad undergoing its five-year Special Periodic Survey.

[dynamohum] 17/2/2020 15:18

Outstanding whopper 🤩 . . . Kite flying with no wind is just silly

[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

htTps://www.rystadenergy.com/newsevents/news/press-releases/most-of-worlds-top-30-high-impact-wells-for-2020-seen-in-africa-and-the-americas/ 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!!!