Bahamas Petroleum Share Discussion Threads

[lithological heterogeneities] 18/11/2020 09:08

Broker forecast 36p
(pre this years dilution but still shows the huge potential on a strike and remember this was when it was just BPC,not BPC and CERP, so although the dilution affects the BPC part only the new CERP adds value so 36p still possible.

04 FEB 2020
BPC - COUNTDOWN HAS BEGUN
[...]

"Bahamas Petroleum Company (LON:BPC) is in the final stages of completing the funding necessary to drill its inaugural exploration well (Perseverance-01) offshore Bahamas, which it expects to spud in the second quarter of 2020.

The current valuation is inline with its peers, but with an estimated 1,030mln barrels of Prospective Resources (UBEST) targeted by its first well, a successful discovery will see the potential to see fair value rise to $1,014mm (36p/share), over 10x the current share price."

[lithological heterogeneities] 18/11/2020 09:07

28 billion barrels "CoS 25%-35% is a virtually a dead cert"

BPC VIDEO INTERVIEW ("CoS 25%-35% is virtually a dead cert")
30 OCT 20


KEY POINTS (for me):
*Two Independent CPRs 28 BILLION barrels oil-in-place in the seismic area alone (so could be alot more!)
*"Both Independent CPRs assess the Chance of Success (CoS) at 25%-35% which for a frontier prospect is virtually a dead cert"
*We have FARM-IN discussions going on as we mentioned

[specialist protector] 18/11/2020 09:07

There is no stopping this stock. 10p next week, 20p by spud and 150 when they strike oil in January. MERRY CHRISTMAS 🎄 EVERYONE. 💰💰💰💰8176;💰ԁ76;💰💰;💰

[lithological heterogeneities] 18/11/2020 09:06

28 billion barrels "CoS 25%-35% is a virtually a dead cert"

BPC VIDEO INTERVIEW ("CoS 25%-35% is virtually a dead cert")
30 OCT 20


KEY POINTS (for me):
*Two Independent CPRs 28 BILLION barrels oil-in-place in the seismic area alone (so could be alot more!)
*"Both Independent CPRs assess the Chance of Success (CoS) at 25%-35% which for a frontier prospect is virtually a dead cert"
*We have FARM-IN discussions going on as we mentioned

[martyn9] 18/11/2020 09:06

Litho thank you for the detailed info, again this is total manipulation by the AIM wild west casino that's not reflecting a true valued share price imo

[specialist protector] 18/11/2020 09:06

This will easily be 10p next week. With spud only a few weeks always and the rig on the way soon here will be no stopping this. Buy Buy Buy and then Buy more.

[lithological heterogeneities] 18/11/2020 09:05

FARM-IN by Major/Super Major very close

A tweet from Simon Potter yesterday:


"Simon Potter, #BPC CEO, on the soon to spud well: “Perseverance #1 is a potentially basin-opening well, with the kind of scale and associated value uplift exposure rarely offered outside of oil majors.” See more here: #oilandgas"

As I said earlier, I believe this is a heavy hint at a Farm-in.

Ask yourself this, out of a very detailed update, why has the BPC CEO chosen just this one sentence as his main tweet ?

[specialist protector] 18/11/2020 09:04

Today buy in the morning. Then buy in mid morning. Then buy in early afternoon. Then buy in the afternoon. We are going through the roof. This is the best market opportunity on AIM. 💰💰💰💰8176;

[lithological heterogeneities] 18/11/2020 09:04

FARM-IN by Major/Super Major very close

A tweet from Simon Potter yesterday:


"Simon Potter, #BPC CEO, on the soon to spud well: “Perseverance #1 is a potentially basin-opening well, with the kind of scale and associated value uplift exposure rarely offered outside of oil majors.” See more here: #oilandgas"

As I said earlier, I believe this is a heavy hint at a Farm-in.

Ask yourself this, out of a very detailed update, why has the BPC CEO chosen just this one sentence as his main tweet ?

[specialist protector] 18/11/2020 09:03

Buy today and fo not stop. The same inch should be 10-30p in December in my view. 💰💰💰💰8176;BUY BUY BUY CHEAP CHEAP CHEAP 💰💰💰

[specialist protector] 18/11/2020 09:03

Buy today and do not stop. Stock should be 10-30p in December in my view. 💰💰💰💰8176;BUY BUY BUY CHEAP CHEAP CHEAP 💰💰💰

[lithological heterogeneities] 18/11/2020 09:03

BPC "UPCOMING KEY MILESTONES"
03 Nov 20
Operational Update: Trinidad & Tobago and Suriname


UPCOMING KEY MILESTONES:

· Results of Competent Person's Report: during November 2020

· Commence next phase of CO2 EOR Pilot project: during November 2020

· Receive approval for Saffron #2 drilling: December 2020 / January 2021

· Receive approval for Suriname EWT program: December 2020 / January 2021

· Achieve 500+ bopd production: by end of 2020

· Saffron #2 spud: during Q1 2021

· Suriname EWT well (WNZ09.02) spud: during Q1 2021

· Goudron field waterflood project sanction: during H1 2021

[lithological heterogeneities] 18/11/2020 09:03

BPC "UPCOMING KEY MILESTONES"
03 Nov 20
Operational Update: Trinidad & Tobago and Suriname


UPCOMING KEY MILESTONES:

· Results of Competent Person's Report: during November 2020

· Commence next phase of CO2 EOR Pilot project: during November 2020

· Receive approval for Saffron #2 drilling: December 2020 / January 2021

· Receive approval for Suriname EWT program: December 2020 / January 2021

· Achieve 500+ bopd production: by end of 2020

· Saffron #2 spud: during Q1 2021

· Suriname EWT well (WNZ09.02) spud: during Q1 2021

· Goudron field waterflood project sanction: during H1 2021

[lithological heterogeneities] 18/11/2020 09:02

BPC CERP CPR THIS WEEK ("mid November")

Operational Update: Trinidad & Tobago and Suriname


On track to deliver Competent Person's Report (CPR) in mid-November 2020, covering all the Company's assets in Trinidad and Tobago and Suriname. Competent Person's Report - independent assessment of portfolio-wide resource Consistent with previous announcements, BPC has contracted an international oil and gas engineering consulting firm, ERC Equipoise Ltd, to undertake a detailed 3rd party, independent Competent Person's Report, covering all assets in Trinidad and Tobago, and Suriname. Work is progressing well, and the results are expected during mid November 2020.

[specialist protector] 18/11/2020 09:01

I just wanted this morning to congratulate all multi millionaires here 💰💰💰💰8079;👏Ԁ79;👏👏;

[lithological heterogeneities] 18/11/2020 09:01

BPC CERP CPR THIS WEEK ("mid November")

Operational Update: Trinidad & Tobago and Suriname


On track to deliver Competent Person's Report (CPR) in mid-November 2020, covering all the Company's assets in Trinidad and Tobago and Suriname. Competent Person's Report - independent assessment of portfolio-wide resource Consistent with previous announcements, BPC has contracted an international oil and gas engineering consulting firm, ERC Equipoise Ltd, to undertake a detailed 3rd party, independent Competent Person's Report, covering all assets in Trinidad and Tobago, and Suriname. Work is progressing well, and the results are expected during mid November 2020.

[specialist protector] 18/11/2020 09:00

Buy buy buy. Cheap cheap cheap. Best market opportunity on AIM. Load up. We will all be millionaires soon. 💰💰💰💰8176;💰ԁ76;💰💰;💰💰💰💰
28176;💰€176;💰㈑6;💰💰💰💰💰💰8176;💰

Tomorrow a mass of buyers will emerge. Buy first thing in the morning. You will never see 3.1 again.

BUY BUY BUY. THIS IS A ONE IN A LIFE TIME OPPORTUNITY TO MAKE MILLIONS 💰💰

Cheap Cheap Cheap 💰💰💰

[specialist protector] 18/11/2020 08:55

There is no stopping this stock. 10p next week, 20p by spud and 150 when they strike oil in January. MERRY CHRISTMAS 🎄 EVERYONE. 💰💰💰💰8176;💰ԁ76;💰💰;💰