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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Yeah, so did I, hope you're ok.
2517

Great thanks mate.

Sorry mitzy, I couldn't resist it. BPC moving up a tad.
2517

You don't think that this might just be one big holiday camp...with some directors hanging around a pool...putting out rns's now and again....."dearie" : get the secretary to put out a rns saying how fine it is....euuhh sorry, how we are progressing and tell her to bring me another gin and tonic....with some of these companies this is how I think it works....

"The rig has arrived on site and we have raised 10 million pounds via a placing in my swimming pool"....along those lines...oohhh..it's just the right temperature this morning...

you got the wrong name RF...Cynic2 sounds better. :))

Just a little wary of this one as to any oil at all ....in the Bahamas is it ?...

I take it you're not in then rf.
2517

No...

good buying pressure today, news coming perhaps?

bit of rise today, could it be the seismic results due..?

I hope they are seismic when they are released! ;o)

hmmm...must be filling up the swimming pool...(see my prev. posts).....oh !..by the way they are floating off a new spin off from this one ....it just happens to have oil assets on the beach in st Tropez and in Monaco....true !....what you don't believe me ?....

Generally a BAD sign when the directors start selling the shares.......


2 August 2010
BPC Limited

("BPC" or the "Company")

Director/PDMR Shareholding

The Company was informed on 30 July 2010 that, on 28 July 2010, Mike Proffitt, a director of the Company, disposed of 6,000,000 ordinary shares in BPC (the "Ordinary Shares") at a weighted average price of 3.6 pence per Ordinary Share.

Mr Profit is now interested in 12,360,000 Ordinary Shares representing 1.4 per cent. of the Company's issued share capital.

Director selling, now L&G selling in todays RNS.

It would appear that the Gulf of Mexico happenings will have a long delaying effect on anything happening in the Bahamas....... ?

RNS change of name to Bahamas Petroleum Company a positive move.

BPC reveals impressive 2D seismic survey results
StockMarketWire.com
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."

Blow for BPC
StockMarketWire.com
The Bahamas Ministry of Environment has suspended all applications for oil exploration and drilling rights around its coast.

This is to protect the marine environment and avoid possible pollution.

BPC, the AIM quoted oil and exploration company, has drilling licences in Bahamas.

Story provided by StockMarketWire.com

I'm sure master rsi will tell us he sold at the recent high !

The right to repply.

I know a b@stard when I see one, You are in the Picture.

If I id hold or sold is not any of you F#cking business, but after seeing what happen to BP.,
any one holding the stock would not did its own research properly.

If you did the reseach also, instead of opening your filthy mouth, would have noticed no post from me
for close to 6 month that gives an idea of no interest in the shares lately.

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Watch it, is a STALKER also