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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Up again.....did top slice yesterday.....just had to.....starting to regret it.....but plenty left.....

rf--------you won't go broke by taking a profit.
2517

I'm not selling to 105p.

Long way to go then.....I think a target of 30p in the short term is attainable.....might consolidate around there.....loads of buys today.....

I agree rf 30p short term my target is year end.

buys @24p now.

I'm starting to like the Bahamas......can't imagine why ?.....might be something to do with this sp surge...just hit 24p moments ago....

And check out EOG...starting to fly as well....

Might have to get the Bob Marley records out again if this carries on.....well... he's from Jamaica (I think)...same part of the world nearly....

EOG looks great.

mitzy---by the year end I believe BPC will be well (sorry about that) north of 30p.
2517

I agree George.

24p now.....will be drilling by then.....60 to 80p....job to guess .....but I reckon that the survey results are going to be good....that is why the sp is rising now....a bit of a Falklands effect here....

I reckon its a billion company.

If the drilling targets hit....it could be...
The way the sp is going......30p by the end of next week...perhaps more....

ah yes; the falklands effect = the rocket principle

buy buy buy...

DES did rocket way ahead of finding a rig.....same here.....

But unlike DES, BPC will have oil. Still not too late to enjoy this party cynic.
2517

Might have to add this to those multibaggers : XEL, GKP, RKH.....

no thanks .... i'm very happy to be a voyeur on this one .... and what makes you so certain that BPC has oil? ..... DES reckoned it had too, and even the majors only have a strike rate of about 20%, though TLW has been much more successful of late