A reverse takeover of Falkland Gold and Minerals, BPC joined the AIM market in Setember 2008. Has 5 exploration licences
offshore the Bahamas Alan Burns is CEO founded Hardman Resources has heavy institutional backing.

On 18 May'09 there was news of StatoilHydro has reached agreement with BPC to become the
operator of three offshore exploration licences

Chief Operating Officer Paul Crevello said :
"Some of the structures are very large. There is potential for multiple 500 million cubic meter (of reserves) fields,"
"BPC was also interested in "farming out" to partners its remaining five licences offshore Bahamas."

Now at 3.75p, Broker Fox-davies has a 13p price target on the company.
updates
12 Sep 09 - A number of well-known institutional investors had bought more than 272 million shares
in the company after RAB Special Situations and Edgewater Estates had cut their stakes. Alan Burns,
chairman, said the move significantly broadened

Interesting links
http://www.upstreamonline.com/live/article180910.ece
http://www.fox-davies.com/media/49118/bpcflashnote18thmay2009.pdf
http://www.sharesmagazine.com/emag/21-05-2009 See Page 7 (click refresh button for full screen)
http://www.growthcompany.co.uk/news/1064557/bpc-seeks-new-areas.thtml
http://www.growthcompany.co.uk/recommendations/1067072/bpc.thtml
plus markets TRADES

Intraday

3 month Candlestick with 50 & 200 days Moving Average

4 month candkestick with Indicators ad support /resistance

6 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 5 days

Number of people who have visited this thread    

With 2 MMs at bid price 4.75p

Huge volume 17M at LSE and plenty more at - Plus Market -

BPC.LS - BPC (LSE)

Date Open High Low Last Change Volume % Change
10/05/09 4.3750 4.9400 4.0000 4.2000 +0.4500 35871887 +12.00%


Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 80% - Buy
20-Day Average Volume - 36282297

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 15293276

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 8011283

Overall Average: 96% - Buy

Price Support Pivot Point Resistance

4.2000 3.4400 4.3800 5.3200

bar chart

thanks i bought them a few days earlier my nett gains so far 17% .

spread 4.75 / 5p +0.125p

up on the bid this afternoon, with large buying trades, volume of 6.4M at LSE

THis is one I like the look of.
Research and post reading required definitely

In with a few.

Bought last week 30th @ 3.85p, a long term investment


Soon the 29th Oil conference

29th Oilbarrel Conference - 28th October 2009
Sponsored By:

28th October 2009 -- 9.30 am - 1.30 pm

The Brewery, Chiswell Street
London EC1Y 4SD

Amongst the companies presenting are:
Aminex PLC
BPC Limited
Central Petroleum (ASX:CPC)
Leni Gas & Oil PLC
PetroNeft Resources
Volga Gas PLC

Not long before the Conference.

Did make a new intraday high yesterday but could not hold, as 1 MM move down to 5p offer all the others 5 are at bid 4.75p today, so lets see tomorrow

I selected the Shares on the UPS thread earlier today to move forward now.......

BPC 3.775p (3.75 / 3.80p)

Reason :Had a large and long retracement with a very slow move up on share price now, today spread reached a point of soon moving higher by the good level 2 of 5 v 1, now paying full price, yesterday and earlier was middle price

spread 3.80 /3.85p
moving higher at both sides now with 2 MMs at bid already

from the "UPS" thread .....

Chart showing the Share price is bouncing from the 61.8% Fibonacci retracement.

Interesting little company for a couple of years hence.......

Thanks for highlighting.

spread 3.90 / 3.95p

Are we going to see another move UP on the offer before the day is out? 10 minutes without a trade, the last one at Plust market 16.12pm

note - What I see rare is WINS ( MM ) is only at 3.80p bid while is doing plenty of business at "plus market" and charging full price, 10 minutes ago 150K at 3.95p full price, 8 minutes earlier 140K at 3.95p but never move up since 13.57pm.
Usually is allways on top of the bid system

Great to see this one moving again.

your telling me.... bought far too early.

Same here Balerboy..

I reckon they are a 20 bagger from here but will settle for 10p.

Big buys today..

some hello's saying sp rising would be nice...lol