Bahamas Petroleum Share Discussion Threads

[bunz3] 09/3/2020 08:22

buyers now picking up the shares now

[whoppy] 09/3/2020 08:21

Time to get the hoover out.

[bigsi2] 09/3/2020 08:21

Are you mad??some people never learn

[whoppy] 09/3/2020 08:19

People nuts for selling with farmin around the corner.

[bigsi2] 09/3/2020 08:16

I'm off for my nap

[cthesherrif] 09/3/2020 08:05

Thanks Specialist

[whoppy] 09/3/2020 08:04

Big problems for US producers of shale oil. Shale will be mothballed.

[pillow] 09/3/2020 08:01

Sell big problems ahead

[whoppy] 09/3/2020 08:00

Potters given farmout deadline of 31st March.

[tuckman] 09/3/2020 07:56

Well certainly an interesting few weeks ahead on a global scale and a BPC scale as well, Super MAJOR, CLN adjustment, more time, rig insurance. Fingers crossed this drill goes ahead in April no matter what goes on around the globe, crazy few days/weeks ahead

[lithological heterogeneities] 09/3/2020 07:49

RNS - 09 MAR 20Farm-out talks with "a number of oil and gas MAJORS and SUPERMAJORS.""Throughout this time, the Company has also continued to assess options for a farm-out or similar transaction as part of its overall risk mitigation and funding strategy, and has maintained an active dialogue with a number of interested parties, including a number of oil and gas majors and supermajors. The Company will advise shareholders on this matter as appropriate."

[globalspecialist] 09/3/2020 07:48

Yes on Gold. Only safe haven in these markets - even better than cash that I am
In.

[globalspecialist] 09/3/2020 07:47

BIG SI IS A MUPPET BUT NOT AN IDIOT LIKE YOU GUYS.

HE WAS RIGHT ON BPC. WE GOT MUGGED BY THE BOARD. BPC WILL BE HAMMERED TODAY.

[whoppy] 09/3/2020 07:45

Hi Brettmo. Yes, it's quite clear they have a deal taking shape with a major. Potter has said as much as he dares without letting the cat out of the bag. He wouldn't be delaying without good reason as the CLN funding is still available and offers for insurance have been received. The licence payment will be a formality and the long form contracts just need signing but of course if the major will be drilling for us, those contracts might not be needed, but options are being kept open so BPC can proceed one way or another..

[globalspecialist] 09/3/2020 07:44

Idiot. You are clueless. No farm in even if they give the company away. No one will extract at these prices.

In any case you are all destroyed even in BPC. Messiah selling 11M shares today.

You will see 2s by 8:05.

Burn 🔥 IDIOTS

[cthesherrif] 09/3/2020 07:44

Would you think gold will still stand up as a safe haven?

[whoppy] 09/3/2020 07:43

2. Prior to 31 March 2020, the Company (at its sole option) can notify the Subscribers that the Company wishes to scale back the amount of the Convertible Notes by up to 50%, at no cost or penalty to the Company (the Company has previously noted that, should alternative financing become available on terms more advantageous than the Convertible Notes, it would consider substituting part of the Convertible Notes, thereby achieving a better outcome for shareholders - this agreed amendment clarifies the Company's ability to do so).

[brettmo] 09/3/2020 07:42

I'm with you Whoppy. That is how I read the tea-leaves in the RNS and explains why no mention of drill date and rig with no apology or explanation. They are soft-pedalling plans like insurance and Seadrill contractt and CLN because they expect something much, much better involving a major or supermajor who will do the drilling for us.Supermajors can drill in the hurricane season.

[whoppy] 09/3/2020 07:41

Eh?? It is what is in the RNS. It says clearly they have agreed to scale back the CLN by 50% if they want to. The reason is they are closer to a farmin. 31st March has been given as a date.

[globalspecialist] 09/3/2020 07:39

FTSE down 600 points. Enjoy your bankruptcy. Hahahahaha

Idiots. In the future (it will never happen again as I will move on) when a pro like me tries to help you - and I am one of the very best in the City - learn.

This time you are destroyed. We are now selling Dow down to 20,000. We will not stop at 22,000.

[whoppy] 09/3/2020 07:39

US majors will be spooked by the oil price. Will be looking for less expensive oil in volume. Shale oil not economic.

[bigsi2] 09/3/2020 07:37

Farm out close lolwhy quote someone who has been shown to have misled you??FTSE down 9%

[globalspecialist] 09/3/2020 07:36

Make stories up but it will not help you as BPC and your portfolios get hammered.

Hahahahaha

Idiots. Make stories up to comfort yourselves.

[bigsi2] 09/3/2020 07:35

Come on fella... board misled shareholders over drill costs - loan funding and now contracts ...CLN - virtually no chance in current market ... and they've been talking of a farm out for 10years ... what chance now at $30 oil and a financial crisis playing out.