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

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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

>>> 2517GEORGE

re - slagging anyone off

I have been on the net for too long and though it does not sound good, when time and time again someone comes to the thread with no holding and slagging the company, it is only fair to take the "PISS" of that -cynic - that the name say it all about the person.

I too have taken some profits, and still with the rest on a few Baggers, more than I can say to -cynic - apart from >>> bugger off

I find much of his (cynic) posts amusing, hilarious at times, but in the main what many of his posts do is usher a word of caution so as not to get too carried away.

Glad you took some profit.
2517

I'm going all the way with this one from 4.7p.

Typical of cynic... he should never be here if he's so cautious.

my target is 50p end 2011.

is that so hlyeo ..... and why should that be? ..... without pointing fingers, idiots get carried away by hype, and not banking profits prudently comes close that also ..... as is well said about fools and their money

I've been forced into buying today.....I agree with you Cynic about this....very risky, but the blinkin' thing keeps on rising....and I'm at a small profit as we speak.....this is rising on possible potential.....only.....but when these things gather momentum.....they can shoot up....it might hit 25p next week...it might....

there are many better flakes than this one to buy into

It's the momentum, I'm buying into...you can feel that it wants to climb....or I could try a 99 flake...in vanilla ice cream....

Come on down the waters loverly.

jumeirah will suffice for now

funny posts not read this thread for a while but been in bpc sometime

bpc is a risk but should do well - 2d seismics were excellect:

Oil and gas explorer BPC has revealed impressive 2D seismic results from its southern Bahamas licences.

It says the new seismic data show large scale, compressional anticlinal folds up to 10 x 20km with vertical closure up to 4,000 ft and various possible 'direct hydrocarbon indicators', such as flat spots, dim zones and possible hydrocarbon leakage features which, if confirmed, could indicate an active hydrocarbon system.

It said the use of modern acquisition and processing technology had resulted in a major improvement in the quality and resolution of the seismic data, compared to previous data from the 1980s, and helped to confirm the geological model for the area.

The southern licences are next to Cuban waters.

Chairman Alan Burns said: "I am very pleased to report the impressive 2D seismic results from our southern licence area.

"The large structures and geological formations are further substantiated by the drill cores we already own from the area and give us indentified potential prospects on which we will be acquiring additional seismic later in the year, as we work toward exploration drilling.

also you may want to catch plus stock orcp - oracle coalfields - will be leaving plus imminently to trade on aim - kerrrchinng - rgm have own a chunk of orcp so should have a little knock on when they do - lol!

re - there are many better flakes

specialy the ones you are having for BREAKFAST - cynic -

You are trying too hard to give advice and no one is interested on it, about time you take notice of it, otherwise it seems you are a lonely person and you are here for the taste of talking to somebody.,
The top thread says all, about the company, certainly does not state producing or drilling yet.

re - Idiots

You certainly look and sound the biggest one

good solid stuff the above ..... if confirmed, could indicate an active hydrocarbon system.

now, that tin in my storage drawer could contain sardines if i could actually see what was there - and they may even be in olive oil!