Bahamas Petroleum Share Discussion Threads

[linton78] 05/11/2020 14:38

Egg - climate change is the latest worry that will stop BPC going into production. The fact that the renewed licenses were only dished out less than two years ago is irrelevant... Lol.

[armatrading] 05/11/2020 14:35

That's great JCG.

Nice to see the new licence renewal dates :-)

[eggchaser] 05/11/2020 13:50

We all know why you are here you snivelling little sissy - just how 12thrush and LittleBigMouthSi like it....

[carpadium] 05/11/2020 13:50

More T&T current production details from BPC than we were ever treated to from CERP!

Goudron 200 - 220
Innis Trinity 140 - 160
Bonasse, Icacos & Cedros 40 - 50
South Erin 60 - 70

Can't remember if we were ever told S. Erin was even producing!
Anyway, well done BPC for putting s/hs in the picture re. production.
We can now measure the success of future actions re these fields.

[jcgswims] 05/11/2020 13:42

Thanks armatrading. I'll change the header later today.

[specialist is the living god] 05/11/2020 13:36

After a decade shares are at 2.5p Hahahhahahah Hahhahahah 👏👏👏👏8079;👏

Idiots in the dark sitting on 89% losses. Hahahahaha Hahahhahahah 😀😀😀😀

Great rally into the spud. Currently -2% Hahahhahahah Hahhahahah 😀😀😀😀8079;👏Ԁ79;👏

[specialist is the living god] 05/11/2020 13:34

Hurricane Dorian- global climate change and mean TEMP rise - hurricane hyperactive season - pressure from US and local opposition all “reasonable221; grounds to withhold extraction rights if the need arises-
BPC had a licence in 2010 but the Mocando incident still precipitated in a moratorium on drilling.

Worth considering

[specialist is the living god] 05/11/2020 13:34

Collapse accelerating.

Suckers rally. The disciples and the Messiah will sell into this. Enjoy the collapse. Hahahahaha Hahahhahahah 👏👏👏

[specialist is the living god] 05/11/2020 13:33

Idiots in the dark. 2.5p share price after a decade. Hahahahaha Hahahhahahah

Enjoy the rally into the spud. Currently -2%. Hahahahaha Hahahhahahah. This is a tremendous rally the likes of which have never been seen before 😀😀😀😀8079;👏Ԁ79;👏👏;👏👏👏. Idiots.

[specialist is the living god] 05/11/2020 13:32

Collapse accelerating.

Suckers rally. The disciples and the Messiah will sell into this. Enjoy the collapse. Hahahahaha Hahahhahahah 👏👏👏

[armatrading] 05/11/2020 13:02

JCGSwins - BPC seems to have updated the SWP info on their website:


I expect this is following their recent RNS update on T&T.

[bigsi2] 05/11/2020 11:26

If you choose to accept and acknowledge what the risks are on a high risk speculative new frontier wildcat are ....Many don't ....See below for examples

[bigsi2] 05/11/2020 11:25

Hurricane Dorian- global climate change and mean TEMP rise - hurricane hyperactive season - pressure from US and local opposition all "reasonable" grounds to withhold extraction rights if the need arises- BPC had a licence in 2010 but the Mocando incident still precipitated in a moratorium on drilling. Worth considering

[linton78] 05/11/2020 10:51

"BPC do not have guaranteed extraction rights"

No but extraction can't be refused on "reasonable grounds". If oil is found they have a right to a 30 year production license that has been approved by the current government. It is there in fact and law as the CEO has pointed out.

Does it ever make you stop and wonder why its just you banging on about this??

[bigsi2] 05/11/2020 09:11

Most likely one of the reasons no partner could ever (in 10 years) be secured (additionally Statoil left joint licence in 2014) for what on paper at least is a sizeable prospect

[bigsi2] 05/11/2020 09:10

I would imagine local politics will be a far greater issue for BPCas given the evident local strength of opposition to drilling - giving permission to drill could easily be an election looser for Incumbents.BPC do not have guaranteed extraction rights and GOB could use environmental issues as an obstacle to extraction- if oil found that is

[greyseal] 05/11/2020 09:08

BigSi2... Thanks.

I too am unsure about the immediate impact but as you say, ther's a limit to what can be done pre-drill.

There's probably a small impact longer term regarding the Green Energy perspective but that has been known for a while now and so shouldn't have a drastic impact on share price

[linton78] 05/11/2020 08:57

If oil drilling in US waters is off limits under Biden where will the majors look next?? :-)

[bigsi2] 05/11/2020 08:42

Excuse the duplicate -I'm logged in on a phone today - and lengthy messages have to be written and pasted in lol

[bigsi2] 05/11/2020 08:38

Greyseal-You give me to much credit - But just in my opinion....RE BPC - no idea although the pressure to refrain from drilling is already rather notable and the drill is only 4 weeks off right so I can't see Biden being an immediate problem.RE - green energy - Oil is still essential/integral to world economy - and Biden recently started emphasising "transition" rather than "switch"For an experts take on it all I'd recommend watching this ....https://youtu.be/ugj634e4TjMWorth a follow on Twitter if your on it...https://twitter.com/aeberman12?s=21Greyseal-You give me to much credit assuming I'd have an answer -RE BPC - no idea RE - green energy - Oil is still essential and Biden recently started emphasising "transition" rather than "switch