Bahamas Petroleum Share Discussion Threads

[specialistlegionsupercharged] 08/4/2021 07:54

Zxie also has multiple accounts ie Woodland etc. Hahahahaha Hahahhahahah idiots in the dark 👏👏👏

[specialistlegionsupercharged] 08/4/2021 07:52

Lintard bought high and sold low. He is therefore bankrupt. Hahahahaha Hahahhahahah Hahhahahah

[zxie] 08/4/2021 07:49

0.60p still good prices to loading

[zxie] 08/4/2021 07:48

Good post. They don't know the game.

[oilhunter2020] 08/4/2021 07:32

12b, your same wrong as mistt yesterday. It doesnt care if saff2 end up with oil flowing or not. The way to that result is the time window to make money. Just look at crazy market activities with the Merlin-drill of 88E.

[donaferentes] 08/4/2021 07:30

I think I'm right they have the $2-3m required to drill Saffron. Depending on results will make it easier or harder to raise the $25-40m they need for the bigger program.

[specialistlegionsupercharged] 08/4/2021 07:24

Hopefully they will pump it for the next 48 hours to 1p before placing on Me bday by which time the Messiah would have made another 20k pocket money and would be out of this.

[12bn] 08/4/2021 07:01

There is no guarantee that Saffron 2 will produce lots of oil. How much oil is Saffron 1 producing? Answer NONE,NIL,ZILCH,ZERO,DIDDLY SQUAT. If a placing arrives at 0.35p then holders are screwed.

[12bn] 08/4/2021 06:58

This is where the $25m-$40m news is coming from,DILUTION IS COMING HERE SOON.//////RNS Number : 5703T

Bahamas Petroleum Company PLC

26 March 2021

26 March 2021

Bahamas Petroleum Company plc

("BPC" or the "Company")

Updated Corporate Presentation

BPC, the Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development and onshore and offshore exploration assets across the region, has today released an updated Corporate Presentation, which is available on the Company's website - www.bpcplc.com

The updated Corporate Presentation summarises and consolidates in one document various matters that have been set out in a number of recent Company RNS announcements. In particular, the updated Corporate Presentation draws attention to the fact that since completion of the drilling of Perseverance #1 in The Bahamas, the Company's near-term strategic focus is to add immediate production, oil sales and cashflow in respect of its assets in Trinidad and Tobago and Suriname. BPC has existing production of 450 - 500 bopd and a full program of drilling activities and corporate actions planned across the next 18 months (subject to capital availability), designed to add material levels of profitable production from existing producing oil fields and known discoveries, as summarised in the following table (on an indicative basis):


Production Incremental operational Capital costs
cashflow per annum
Current production 450 - 500 US$3m -
bopd
---------------- ---------------------------- --------------------
Incremental production 100 bopd US$0.9m US$1m
programs
---------------- ---------------------------- --------------------
Infill drilling programs 200 - 400 US$3m - US$4.5m Up to US$6m
bopd
---------------- ---------------------------- --------------------
Saffron-2 200 - 300 US$2m - US$3m US$3m
bopd
---------------- ---------------------------- --------------------
Saffron full-field 4,000+ bopd US$25m+ Up to US$60m
development (2-3
years)
---------------- ---------------------------- --------------------
Suriname project 500+ bopd US$2.5m Up to US$3m
---------------- ---------------------------- --------------------
Business development 100+ bopd US$0.7m US$2.5m - US$3m
opportunities
---------------- ---------------------------- --------------------

Total work program funding required is estimated to be approx. US$25-$40m, as the cash flows generated from production growth will be reinvested into drilling subsequent wells - refer to the Company's recent RNS of 24 March 2021 for further explanation of its future work program, and potential sources and uses.

For further information, please contact:


Bahamas Petroleum Company plc Tel: [phone]
Simon Potter, Chief Executive Officer 647 882
Strand Hanson Limited - Nomad Tel: [phone]
Rory Murphy / James Spinney / Jack Botros 3494
Shore Capital Stockbrokers Limited - Tel: [phone]
J oint Broker 4090
Jerry Keen / Toby Gibbs
Investec Bank Plc - J oint Broker Tel: +4 4 (0) 207
Chris Sim / Rahul Sharma 597 5970
Gneiss Energy - Financial Adviser Tel: [phone]
Jon Fitzpatrick / Paul Weidman / Doug 9263
Rycroft
CAMARCO Tel: [phone]
Billy Clegg / James Crothers / Hugo Liddy 4980

Notes to Editors

BPC is a Caribbean and Atlantic margin focused oil and gas company, with a range of exploration, appraisal, development and production assets and licences, located onshore in Trinidad and Tobago, and Suriname, and offshore in the waters of The Bahamas and Uruguay. In Trinidad and Tobago, BPC has five (5) producing fields, two (2) appraisal / development projects and a prospective exploration portfolio in the South West Peninsula. In Suriname, BPC has on onshore appraisal / development project. BPC's exploration licence in each of Uruguay and The Bahamas are highly prospective, and offer high-impact value exposure within the overall portfolio value.

BPC is listed on the AIM market of the London Stock Exchange. www.bpcplc.com
ENDS

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

[12bn] 08/4/2021 06:56

12bn7 Apr '21 - 07:10 - 53240 of 53246 Edit
0 0 0
Every day that we don't hear of a consolidation and/or dilution is a day nearer when we do hear. It is foolish to be in this prior to a big dilution.
12bn7 Apr '21 - 07:12 - 53241 of 53246 Edit
0 0 0
From the most recent RNS.///////Total work program funding required is estimated to be approx. US$25-$40m,

[specialistlegionsupercharged] 08/4/2021 06:54

Indeed but Lintard is a homeless bankrupt idiot in the dark who dreamt of riches but found out that his station in life is as a bin 🗑 boy. SAD 😢

[glavey] 08/4/2021 04:46

On the other hand one could just find something sensible to do.

[specialistlegionsupercharged] 08/4/2021 01:27

Poor Lintard. I am looking at him from my penthouse in Green Park. He just got of his bin and went for a pee in bumchaser’s bin 🗑. 😢

[specialistlegionsupercharged] 07/4/2021 23:26

Lintard just admitted to it again on the ODX board. He buys High and sells Low.

What an idiot in the dark, a muppet, a mug and a loser.

He did it again.

Hahhahahah Hahhahahah Hahahhahahah Hahhahahah haha hahahhahahah hahahhahahah Hahahhahahah Hahhahahah Hahahhahahah Hahhahahah haha hahahhahahah hahahhahahah hahhahahah hahahhahahah hahahhahahah on🗑🗑🗑🗑👏👏8079;

No wonder he lives with in a bin 🗑 in Green Park looking at the Messiahs pent house from down below. 🥲🥲🥲

[specialistlegionsupercharged] 07/4/2021 23:18

I built it to 25k by close. Remember greed is what killed Lintard and many other muppets.

Make the 30-40%. Book the 10 grand and then wait for the next opportunity. 👏👏👏

[eggchaser] 07/4/2021 22:33

News afoot Linters??

[zxie] 07/4/2021 21:27

Best one is 6 Ownership 100% for billion oil https://www.bpcplc.com/operations/suriname/

[theaviator] 07/4/2021 20:48

What's the scoop Spec? Worth a throw?

[zxie] 07/4/2021 20:15

Well done bahama

[zxie] 07/4/2021 20:14

We'll dance together here