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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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

Daily Mail readers getting on this morning.

ah; the real professionals then! ..... if BPC does indeed find commercial oil, i shall be delighted for you all, but even at that juncture, as i have said on other threads, there'll be plenty of time to make some decent money

In life, only death and taxes are guaranteed, so yes no one can be certain they have oil, so we will have to wait and see. My enthusiasm getting the better of me.
2517

if you have "swathes", then can be no bad thing to bank at least partial profits

I got piles......is that the same thing cynic???

no; those are bunches of grapes!

No stopping it now....enormous potential.....

Top sliced again.....just had to.....quite incredible rise....will keep the rest...I see that I shall have to be in and out and back in with this one....

Praise the DM readers out buying big time today.. very much so.



up 60% since the year.

Any idea what the market cap is.....I think it's 222 million....but not sure..might be more than that.....we might be near the top.....for the moment....don't forget : no oil yet...just potential.....

Its my share of 2011 rf and up 60% in one month still plenty to go before it reaches 105p my year end target..