Bahamas Petroleum Share Discussion Threads

[specialist is the living god] 09/9/2020 21:41

hxxps://www.bassoe.no/bassoe-analytics-weekly-rig-market-round-up-week-35/news/160/

"Stena also confirmed the one-well deal for ultra-deepwater drillship Stena Forth with Tullow Oil off Suriname (announced by Bassoe last week) and that ultra-deepwater drillship Stena Ice Max has been awarded a one-well plus three-well options contract, commencing in May 2021."

This won't clash with P1, of course, but what does it mean for a potential two- or three-drill programme, or a farm in?”



Well. Obviously given the time frames there will be no farm in or multi-well programme. In reality Stena already seems to have been informed that P1 will no longer be drilled.

That is really no surprise given a lack of funding and makes the CERP merger very timely indeed to keep them afloat.

[specialist is the living god] 09/9/2020 21:30

Well. Obviously given the time frames there will be no farm in or multi-well programme. In reality Stena already seems to have been informed that P1 will no longer be drilled.

That is really no surprise given a lack of funding and makes the CERP merger very timely indeed to keep them afloat.

[specialist is the living god] 09/9/2020 21:18

Problem is that BPC does not have access to any funding at the moment - no more withdrawals from family office given the share price and the convertibile condition ls have not been met. As such they need significant funding by before they can proceed to any potential drill. CERP was a good fall back given the lack of funds for P1.

[linton78] 09/9/2020 20:48

It’s still on the cards Arama, any announcement like that will be last minute in the Bahamas.

[eggchaser] 09/9/2020 20:47

Hilarious!!!!!

[armatrading] 09/9/2020 20:34

hxxps://www.bassoe.no/bassoe-analytics-weekly-rig-market-round-up-week-35/news/160/

"Stena also confirmed the one-well deal for ultra-deepwater drillship Stena Forth with Tullow Oil off Suriname (announced by Bassoe last week) and that ultra-deepwater drillship Stena Ice Max has been awarded a one-well plus three-well options contract, commencing in May 2021."

This won't clash with P1, of course, but what does it mean for a potential two- or three-drill programme, or Stena farm-in?

[ccr1958] 09/9/2020 19:13

Thx TG , keep well , buddy.

[theaviator] 09/9/2020 18:59

If you are in a panic then stop close out and walk away for a few weeks. Take a step back. I've watched peeps get tied in knots before. This stressed spells disaster though bru...

[theaviator] 09/9/2020 18:54

They guy is ill clearly. Nobody gets this emotional over a bloody share. Seriously! Unless they have a huge short and panicking. Dunno. I don't do T trades. Rarely short shares either. Forex comods a different matter. All sorts on these bbs.....I'd hate that stress to be posting constantly all day on the same board. Eeek

[specialist is the living god] 09/9/2020 18:09

So easy to manipulate this wonderful idiot in the dark. Hahahahaha hahahahaha

[specialist is the living god] 09/9/2020 18:07

Idiot. You can buy Simon Linley whatever you want.

You have once again been manipulated. Now we all know you are working the bins and cleaning toilets in Mayfair. Hahahhah
Gahahhhah
HAHAHAH

CLASS A IDIOT WHO HAS BEEN TAKEN FOR A RIDE BY HIS MASTER.

[linton78] 09/9/2020 16:00

Looks like I need to go to Robert Dyas and get some more rope Egg...

[specialist is the living god] 09/9/2020 15:17

hahahahaha Bin boy thought I was BIGSI - hahahahaha

What an idiot hahahahahha

[specialist protector] 09/9/2020 15:11

Hahahahaha BumboyEgg loves it - hahahahaha Everyone knows him in the East end as the big taker. ahahahaha

What a great name

[specialist is the living god] 09/9/2020 13:35

Oh sorry - I forgot.

Praise be to Simon Linley the Tax Advisor
Praise be to Bristol
Praise be to BigSI
Nearly forgot:

Also praise be to Tom and the losers at share prophet (another muppet set up like you guys)

YOUR ARE CLASS A IDIOTS :)

[specialist is the living god] 09/9/2020 13:29

In reality idiots like bin boy, Rottenegg and Whoppy will lose everything and they know they have up to now in the markets. They are desperate and hope that this one will hit the Jackot for them after years of being taken to cleaners by the likes of me who are always invisible to you muppets anyway. I did mention when I first appeared months ago that we as professionals are never visible to you - the retail muppets - but as I had a personal interest here I thought at the outset that I would help you. Having never dealt with retail idiots I didnot realise that you muppets thought that by just talking positive you will get a stock to move up.

You have no understanding of the fundamentals of the company - you have no idea that a majority of the RNS in the markets are just purely a PR exercise especially in a less regulated market like AIM. You have no idea that smaller companies which do not have access to capital markets will do anything and say anything to get capital from the less savvy and financially illiterate retail investors.

I did try to help you muppets but you only wanted to hear positive made-up news. It is sad that a few of you who are smarter and ask the right question like Stewart and Mexican One have had to shut up as they might have asked questions you donot like. I just hope that they are out of this stock and have protected their capital.

As we stand BPC does not have the funds to drill P1. Capital markets will not give them any funds and their private venues such as the family office etc are now shut due to the share price. Their only chance was to merge to save two bankrupt companies and the only way they will drill is if there is a massive dilutive placing which realistically I cannot see happening above 1p - if it ever happens.

I NEVER REALISED HOW UNINFORMED RETAIL INVESTORS LIKE YOU WERE BUT IT HAS BEEN A WONDERFUL EDUCATION FOR ME TO SEE why you lose money so easily on the markets - and YOU KNOW YOU DO.