Bahamas Petroleum Share Discussion Threads

[bigsi2] 27/10/2020 13:23

Notwithstanding the above, based on the country's commitment to the United Nations Sustainable Development Goals, and the threat of climate change to our very existence, the BNT strongly believes that The Bahamas should not, in 2020, be allowing the exploitation of fossil fuels within our country. The economic gains from exploiting and burning fossil fuels are short-term and are ironically helping to shorten the lifespan of these islands

[dynamohum] 27/10/2020 13:23

Probably prudent to sell and wait for drill conclusion and extraction permit if commercial .

[bigsi2] 27/10/2020 13:21

Potter "suggested" Lol

[bigsi2] 27/10/2020 13:21

January 21, 2014Share prices dipped by around 3.5 percent for the Bahamas Petroleum Company (BPC) as Norwegian oil giant Statoil decided it would end its development joint venture with the company that is looking for oil in Bahamian territory.BPC CEO Simon Potter suggested that with the decision of Statoil to leave the partnership, it will create greater opportunities for the company to offer a greater slice of the pie to potential partners as it continues to search for companies to drill for the oil it believes to be under the ocean floor in the area covered by its existing five licenses.However, some observers speculated that the withdrawal of the oil major, which joined with BPC prior to the completion of the most recent seismic scans, would be seen as reduced confidence in an oil find in The Bahamas, with the only major oil company to have expressed a concrete interest in Bahamian oil prospects to date via a partnership deal now having withdrawn from the process

[dynamohum] 27/10/2020 13:20

More. . . .

[bigsi2] 27/10/2020 13:18

I see we are having a dreams V reality day today ... Reality check... as yet the GOB has only given permission to BPC to explore for oil - not produce.Norwegian Statoil quit the joint Licence with BPC way back when...BPC has chosen to proceed under terms currently agreed

[dynamohum] 27/10/2020 13:12

Press release on Bahamas gov website


“The vulnerability of The Bahamas to the impact of climate change is well known given its geographic vulnerabilities (limited land mass, low-relief and dispersion of islands, environmental vulnerabilities (high temperatures, storm surges, sea level rise, flooding, tropical cyclones and non-tropical processes), the concentration of socioeconomic activities and critical infrastructure in narrow coastal zones, its heavy dependence on tourism as a revenue source, and the limited human and institutional capacity.

I’ll post link if requested

[dynamohum] 27/10/2020 12:06

God it’s hard pounding here today,

[dynamohum] 27/10/2020 12:05

Alas , when posting links please be so kind as to get them right so punters can open them, cheers .

[dynamohum] 27/10/2020 12:04

Of course you will Alas 🧚🏻

[dynamohum] 27/10/2020 12:02

Jbt , perhaps you could put me in touch with the state of the Bahamas finances, I’ve clearly missed something, thanks in anticipation .

Nothing to do with any other poster these conspiracy theories although amusing are way off the mark.

[alasparavolar] 27/10/2020 12:02

I will answer your questions after you get a quote for 1m share sell.

[alasparavolar] 27/10/2020 12:01

https://www.nytimes.com/2020/07/04/world/americas/virus-caribbean-hurricane.html

[alasparavolar] 27/10/2020 12:01

3.5 billion maybe?https://www.wlrn.org/show/the-sunshine-economy/2020-01-27/the-sunshine-economy-rebuilding-the-northern-bahamas-after-hurricane-dorian

[jbt2007] 27/10/2020 11:59

Dynamo are you really that out of touch with the state of the finances in the Bahama's? By the way are you invested here? You are also clearly another Specialist avatar.

[dynamohum] 27/10/2020 11:54

Alas poor volar why are they not a viable financial centre , please enlighten me . .

[dynamohum] 27/10/2020 11:53

Alas poor volar prey tell what the Gov need and the validation of the interest rate .

[alasparavolar] 27/10/2020 11:49

More spin eh dino?A drop in the ocean compared to what they need. And look at the interest rate. You are very tedious.

[dynamohum] 27/10/2020 11:38

What are you frightened of ? . . . .

[whoppy] 27/10/2020 11:36

Facts are facts. Everything else is just noise and delusion when they don't like something.

[dynamohum] 27/10/2020 11:36

Alas in the dark again . . . 13th October

[dynamohum] 27/10/2020 11:33

Roberta has been on the payroll nearly as long as you Whopper .

[alasparavolar] 27/10/2020 11:32

The Bahamas are facing a disastrous future unless they secure a source of funds. This is their best option.