Bahamas Petroleum Share Discussion Threads

[martyn9] 15/9/2020 10:19

Good to see volumes up here, imo should sustain these volumes the closer to a drill.

[12bn] 15/9/2020 10:05

Poor BadEgg,no-one listens to the low life,I wonder why? Dead cat bounce seems to be over,normal southward drift will resume soon enough.

[ccr1958] 15/9/2020 09:01

Good to see a bit of blue.... while it lasts ..

[theaviator] 15/9/2020 08:54

Hurricanes in Hertfordshire Hardly ever Happen!

[martyn9] 15/9/2020 08:53

ccr, yes seller still around looking at the trades, but let's hope the shares get snapped up quickly.

[pro_s2009] 15/9/2020 08:47

There is no option.........its a 1 firm drill only no option deal at a special price.

[ccr1958] 15/9/2020 08:44

Seller has not gone ..

[man1] 15/9/2020 08:40

Wishful thinking but wouldn't it be nice if Stena could squeeze in a second drill before May .

[ccr1958] 15/9/2020 08:36

More for me ...

[fenton1234] 15/9/2020 08:31

A nice day for Rod Stewart followers

[linton78] 15/9/2020 08:28

Overhang cleared ?

[martyn9] 15/9/2020 08:27

Nice start to the day!!

[linton78] 15/9/2020 08:26

BOOM !!! ;-)

[martyn9] 15/9/2020 08:25

Nice start to the day!!

[wapper] 15/9/2020 08:24

Nice volume and Blue Blue Blue for a change. RNS coming possibly ?

[12bn] 15/9/2020 08:21

It must be time for another big share issue imo.

[whoppy] 15/9/2020 08:15

Brief..Lol

[arrynillson] 15/9/2020 08:14

12bn - ICEMAX alert - man overboard - is that still you 12bn?

[bigsi2] 15/9/2020 08:11

Looks like a brief trade on the cards -Seller cleared and Vol up

[jcgswims] 15/9/2020 07:59

From DMStewart on LSE

RE: Stena drills hip Today 03:34
It is now suggested by market sources that Bahamas Petroleum will use UDW drillship Stena IceMAX (10,000') for its upcoming one-well program in the Cooper Block offshore the Bahamas. As has been previously reported by RigLogix, the operator awarded Stena the work, with the stipulation that the rig be decided upon by November. It had been speculated that the Stena Forth (7,500') might be the rig, but as we now understand an MPD equipped unit is required, that would eliminate the Forth as it is only partially equipped.
With the recent contract award from Repsol for the Stena IceMAX for work offshore Mexico, it is now understood that the rig will drill the 30-45 day Bahamas Petroleum well first before proceeding to Mexico.

Taken from the Riglogix Daily updates

[12bn] 15/9/2020 07:08

BigSi214 Sep '20 - 20:11 - 42754 of 42756
0 1 0
Crazy season !!

What’s interesting is that despite 20-25% frequent production shuts with these continuing Hurricanes the market for WTI is still in contango, in fact the futures curve never once pulled itself up outof contango – which is now getting worse again late August/early September. Throughout the entire rally since April, no backwardation at any point, suggesting despite the massive cuts in supply (not just in US) the (physical) market had never been able to favorably rebalance itself...
If COVID kicks off again come winter the market really will be reeling -

and yes that is relevant to BPC and no it doesn’t by itself mean that PV1 won’t get drilled -
Just to be clear for those that struggle to grasp the meaning of comments./////// Good post from BigSi,unfortunately he is shooting over the head of BadEgg.

[theaviator] 15/9/2020 06:43

Here he is again. Mate I've warned you elsewhere. It's a bloody nuisance to serious investors. Please keep it to Twitter if you have to.