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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bahamas Petroleum Company Plc | LSE:BPC | London | Ordinary Share | IM00B3NTV894 | ORD 0.002P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.325 | 0.32 | 0.34 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBPC
RNS Number : 7757Q
Bahamas Petroleum Company PLC
02 March 2021
2 March 2021
Bahamas Petroleum Company plc
("BPC" or the "Company")
Update on Court Process in The Bahamas
Further to BPC's previous announcements in relation to the Court process in the Bahamas, on 1 March 2021 the Honourable Justice Petra Hanna-Weekes allowed the Company's application and ordered the Applicants to post $200,000 security for costs within 30 days, pending which the proceedings will be stayed.
The Company will provide further updates as appropriate.
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
For further information, please contact:
Bahamas Petroleum Company plc Tel: +44 (0) 1624 Simon Potter, Chief Executive Officer 647 882 Strand Hanson Limited - Nomad Tel: +44 (0) 20 7409 Rory Murphy / James Spinney / Jack Botros 3494 Shore Capital Stockbrokers Limited - Tel: +44 (0) 207 408 Joint Broker 4090 Jerry Keen / Toby Gibbs Investec Bank Plc - Joint Broker Tel: +44 (0) 207 597 Chris Sim / Rahul Sharma 5970 CAMARCO Tel: +44 (0) 020 3757 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 offshore in the waters of The Bahamas and Uruguay, and onshore in Trinidad and Tobago, and Suriname. 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
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(END) Dow Jones Newswires
March 02, 2021 02:00 ET (07:00 GMT)
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