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

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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!

There are bound to be sharp spikes up and down along the way.....one to watch....difficult to time the buying here.....

I like sardines.
2517

like the black market sardines, these shares are for trading, not "eating"!

looks great.

good sardines?

This is one...I'm not sure about because of the long wait...when will they complete the seismic ?...not for months and months....but will watch.....

and don't buy until there is some substance instead of hot-aired hype

Could easily dive back to 12p or so.....

I doubt it very much so rf.

When I bought @ 4.3p it was cold air, now it's hot air the sp is 15p, what price when there is some substance to the story.
2517

A few days earlier >>>>>>>>>>>>>

http://www.tribune242.com/business/01112011_Outlook_business_Page3-3

Bahamas' 'great prospects for oil' - Published On:Tuesday, January 11, 2011

The Bahamas continues to have "great prospects for world scale" oil and gas discoveries, a senior executive with an oil exploration company believes.

Dr Paul Crevello, director and chief operating officer of the Bahamas Petroleum Company, who will address Thursday's Business Outlook conference on the past, present and future of oil exploration in the Bahamas, said: "Over 60 years of sporadic exploration has been conducted in the Bahamas.

"However, there has been very little exploration and drilling activity, with no exploratory drilling in the last 20 years, and much of the seismic acquisition activity occurred more than 20 years ago.

"With the benefit of modern knowledge and technologies, the company is proud to have been able to shed light on the very great prospectivity of the Bahamas for world-scale oil and gas discoveries. With the world ever hungrier for new large oil and gas provinces, particularly in democracies close to North America, our work is set to achieve a large increase in value for the people of the Bahamas, our shareholders and oil and gas consumers in general.

"Our directorate is skilled in finding and developing new oil and gas fields in overlooked, forgotten and new areas, and has an outstanding track record of discovery and development. We look forward over the next few years to bringing discoveries into production."

Dr Crevello joined Bahamas Petroleum Company in November 2006, when it was a private company founded by Alan Burns of Perth, Australia. The company was granted five exploration licences by the Bahamas in 2007, followed by a listing on the London Alternative Investment Market (AIM) in August 2008. Its corporate headquarters is in the Isle of Man, and exploration/operations are managed from Nassau.

2517GEORGE

re - Hot air and sardines,

one knows well when it comes from a - cynic - ( no idea of anything) , just a lonely person, that has to post at every thread all day long spuding that >>>>>> BULL SH1T

the type of person well known to everybody by now, but not by the rest of XXXX ( cos are from the same family)

Bahamas' 'great prospects for oil'
Published On:Tuesday, January 11, 2011

The Bahamas continues to have "great prospects for world scale" oil and gas discoveries, a senior executive with an oil exploration company believes.

Dr Paul Crevello, director and chief operating officer of the Bahamas Petroleum Company, who will address Thursday's Business Outlook conference on the past, present and future of oil exploration in the Bahamas, said: "Over 60 years of sporadic exploration has been conducted in the Bahamas.

"However, there has been very little exploration and drilling activity, with no exploratory drilling in the last 20 years, and much of the seismic acquisition activity occurred more than 20 years ago.

"With the benefit of modern knowledge and technologies, the company is proud to have been able to shed light on the very great prospectivity of the Bahamas for world-scale oil and gas discoveries. With the world ever hungrier for new large oil and gas provinces, particularly in democracies close to North America, our work is set to achieve a large increase in value for the people of the Bahamas, our shareholders and oil and gas consumers in general.

"Our directorate is skilled in finding and developing new oil and gas fields in overlooked, forgotten and new areas, and has an outstanding track record of discovery and development. We look forward over the next few years to bringing discoveries into production."

Dr Crevello joined Bahamas Petroleum Company in November 2006, when it was a private company founded by Alan Burns of Perth, Australia. The company was granted five exploration licences by the Bahamas in 2007, followed by a listing on the London Alternative Investment Market (AIM) in August 2008. Its corporate headquarters is in the Isle of Man, and exploration/operations are managed from Nassau.

Another Bahamas Business Outlook speaker is orthodontist Dr Barry Russell, founder of The Bahamas Orthodontic Centre, which has expanded from two staff in 1991 to its current level of 18, with operations in both Nassau and Freeport. The company was named as the Chamber of Commerce's 2010 Business of the Year for firms with 50 employees or less.

Dr Russell will be speaking on the topic Successful Entrepreneurship in the Professional Service Sector: What will it take in this season.

Arguing that "hard work alone will not suffice", Dr Russell will urge Bahamian entrepreneurs in the professional services sector to possess a first-world mindset if they want to compete.

"As this is a very significant year for us, we intend to make this a very significant conference," said Joan Albury, president of conference organisers, The Counsellors.

"We are geared up to touch on every aspect of this country's economy and more. Our slate of speakers will address a wide range of topics that will bring an awareness to conference goers of what is happening in our country in terms of our economy and generally."

Cielo-----------In response to cynic's post 444 I was pointing out in a light hearted way that although there is a greater risk, the earlier one gets into an E & P Co the greater the rewards IF they're successful, and I believe BPC will be. I did sell half my holding to secure a decent profit (as nothing is certain) but will hold on to the remainder until the oil is gushing. As for the rest of your post, I enjoy the friendly banter and leg pulling with posters, cynic included, but I do not engage in slagging anyone off. I believe we post in order to share our knowledge, views and our beliefs about Co's we may or may not put money into, with the hope of making money. Good luck to you.
2517