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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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.

  &nbspgravy

Watch it, is a STALKER also

Last week (31/08) BPC took a hit from bad licence news they fell to around 1.70p at one stage, so with no clearer news re the licence BPC are now back to where they were when the licence news hit. Todays rns has helped the sp, but what a buying opportunity last week (no I didn't). The licence problem still has to be resolved though.
2517

Georgy BPC's existing licences unlikely to be affected, only new licence applications will be delayed.

nice climb today hope it keeps going, another .6p and i'm back in the money.,.

Halifax-----apologies for tardy reply, yes I did realise that it was most likely that future licences would be the subject of delays, but even so, the sp dropped quite dramatically on that news.
2517

Nice rise today.

We have take off

I only have a small holding here.

It might be time to make it a larger one Mitzy! BPC are pricing rigs at the moment, ready for drilling up to 7 wells on the Cuban side of the Bahamas. Because the Bahamas government is not looking to interfere with existing licences and is not granting any new licences, despite being swamped with applications apparently, BPC has the field to itself. I shouldn't think that they will be doing any drilling until next year but if Falkland Island fever hits this one then............well, you can work that one out!

Broken through 5p barrier, in the money now after long wait.