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    

Is a filthy dirty man
must be wearing dirty black clothes
and bending over every so often
it is just a filthy dirty man

RNS
Seismic survey contract awarded

Bahamas Petroleum Company PLC, the oil and gas exploration company with licences in The Bahamas, announces that it has signed an agreement with Osprey Navigation Company Inc. ("Osprey Navigation"), a subsidiary of SeaBird Exploration FZ LLC, to acquire a close grid 2D seismic in the Company's four southern licences using the M/V Osprey Explorer.

Prior to 2010 the existing vintage seismic dated back to 1987. The Company acquired further seismic data in June 2010 using modern, more advanced seismic acquisition technology and the data obtained proved up the existence of potential super-giant traps, with seismic indications of the presence of hydrocarbons. The Company anticipates that the 2011 survey will define drillable prospects and resource potential in place. This is the first prospect-level survey in the Bahamas. In addition, the Company has the option to acquire seismic, using Osprey Navigation, in its northern licence area.

Superb day.

mitzy - post 411 - Support at 16p
i don't think so!

mitzy - post 420 - Superb day
i don't think so ... sp still only 14.75/15.00 and that's having risen 2p today!!

Someone needs a "strait jacket"

why don't you just "shut up" and go were YOU belong the "go around place"

I am sure if you realy have a " wife ", she is much happy when you are not at home .....

WHY? .... finding faults is you speciality, but really you are the FAULTY one.

called the parametrics, I think someone ( cynic ) has scape from the mad house.

cielo---I think you need a proof reader.
2517

mummy and daddy should teach him some manners before anything else

I'm holding from 4.7p so I'm happy.

but if you never take preofits, and seemingly you do not, they may as well be worth 0.7p

2517GEORGE

RE - I think you need a proof reader.

I am not doing any exams posting here, and certainly I do not read back ( if any speling mistakes ) and for you info I do not do doubles letters most of the time.

If that is all then do not waste you time, let - cynic - do that for you.

welcome back MRSI, though perhaps not for long if your manners do not improve

Obnoxious cretin and as for MRSI ;)

why are you so nasty to me peter - lol!

Hehe, I'm nasty to everyone!

Do not forget GS say 24p.

they also said DES was a buy when sp was considerably higher and EO a sell when sp was considerably lower!

I prefer DOM to DES.

see my post re same and RTN, even though i bought neither

Not sure, if I should be in BPC or not....might be a long wait before any news.....

only if you can watch carefully and use it for trading only ..... company will do well to find a tin of sardines in olive oil!