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

Intraday

3 month Candlestick with 50 & 200 days Moving Average

4 month candkestick with Indicators ad support /resistance

6 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 5 days

Number of people who have visited this thread    

Up more than 50% in a fortnight with no news. I've had a core holding in BPC for a long time, and also traded them a couple of years ago when in the low 20's and high teens, be nice to re-visit those prices.
2517

Well that didn't last long.
2517

EASY up EASY down, was the say for today

MMS game most likely, adding stock on the buying side of the order book and then taking them away when it reach the top

2517
Not too worried as I sold my holding at just over 6.5p as the rise looked too much.
Ready to buy back in now!
TT

Well done TT, I sat on my hands, this is longer term greater reward for me, he says hopefully. Drilling in 2014.
2517

WATCH: BPC Oilbarrel Presentation

Click here to watch

What a hike just because of board changes. I suppose someone has made a lot of dosh.

The board changes, on the face of it appear to be a really good fit for BPC, it also indicates that BPC are not the doomed co. the sp drift of late, was signalling.
2517

Yes but why such a big hike?

Can't understand the 4.93 price jump. Any info folks?

Other sites do not show the info below, only moneyam. Incorrect.


Bahamas Petroleum Company Share Price (BPC)
4.93

+2.99 (+153.47%)
Bid price 1.84 Open price 1.94
Ask price 8.01 Prev close 1.95
High price 2.00 Spread 77.03%
Low price 1.91 Volume 1,609,612

Mistake...sometimes the sp on minnows is not correct at times....

An old sea dog about to spike.

14th July 2017

Bahamas Petroleum Company plc ("BPC" or the "Company")



Result of EGM and Completion of Placing



Bahamas Petroleum Company, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas is pleased to announce that the resolution put to shareholders at the Extraordinary General Meeting held earlier today was duly passed.

As a result, the Company will issue 170,000,000 new Ordinary Shares of 0.002p ("Ordinary Shares"), inclusive of the participation of the Board and Management (20,000,000 Ordinary Shares), raising £1.7 million, being the conditional tranche of the previously announced Placing. The new shares will be admitted to trading on or about 19 July 2017.

When coupled with the firm placing of £1.1 million comprising 110,000,000 new Ordinary Shares admitted to trading on 21 June 2017, the total raised in the Placing will amount to £2.8 million before expenses through the issue of 280,000,000 new Ordinary Shares at a price of 1 pence each. Proceeds of the Placing will be used to fund the Company as it seeks to complete a farm-in or other financing sufficient to enable drilling of an exploration well on the Company's southern licences.

Once the new shares are placed on or about 19 July 2017, the Company's issued share capital will consist of 1,510,479,096 Ordinary Shares, with each Ordinary Share carrying the right to one vote. The Company does not hold any Ordinary Shares in treasury. The figure of 1,510,479,096 Ordinary Shares may be used by shareholders in the Company, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules ("DTRs").

Blimey! I last posted here in 2013 and still holding, in hope and expectation

I'm holding in hope and exasperation!😃

The oil is there, rns out. We may make something from BPC yet Kim

I might start believing in Santa again George!😃

Hello something afoot, I hope so sp up 62%

Try this:
https://www.bnamericas.com/en/news/oilandgas/bahamas-approves-us5bn-oil-complex.

Thanks H much appreciated