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
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>>> 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!

re -sardines in Bahamas oil ( indigestion for - cynic - )

This guy needs a REAL wake-up call, or go to the doctor for an examination!

I don't know why it (A)( the biggest idiot) is getting so upset . It is obvious it trying to be a joker with not much succes or maybe just to inflame people.
No one could possibly be this ignorant, especially if they did any amount of research on the topic BPC .


(A) compliment of - mitzy - for it - cynic -

why should i fall in love with BPC just because you and some others do? ..... if in years to come, BPC finds oil, then good luck to all who can be bothered to hold that long ..... meanwhile, BPC has diddlysquat and until proven otherwise, there are much better investments

Buy buy buy..

The Company has been informed that Alan Burns, Non-Executive Chairman of the Company, today disposed of 3,885,011 ordinary shares of 0.002 pence each in the Company ("Ordinary Shares") (the "Disposal"), at a weighted average price of 16.37 pence per Ordinary Share.



Following the Disposal, Mr Burns is now interested in 26,164,989 Ordinary Shares, representing 2.65 per cent. of the Company's issued share capital.



Alan Burns, Chairman, said:

"As with my disposal announced on 14 January 2011, this sale of ordinary shares has been made in light of my personal circumstances. It is my intention to maintain my investment in the Company at its current level, as a long term strategic investment."

Good to see the footnote. My sympathies are with Alan Burns, he is going through a tough time.

You think the 650 mil is running short now??.,.