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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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.

This is freaky..

why so??

Nothing really.

Warm order again this morning (so far).
2517

Making a profit here thats a first.

Has the makings to be a much larger co.
2517

Will we see 6p today?
2517

very slow progress, think you'll only see 6 on the face of your calculator today 2517:)

bb more than doubled since early sept. may be 6p+ tomorrow.
2517

Could be George.

Look now.

Excellent day have high hopes for these, imo they will be substantially higher in 6 months, LGO been strong of late as well.
2517

High volume in both BPC and LGO again today.
2517