News Results for Bahamas Petroleum Company (BPC)

  • 09 Oct
    06:02
    Director Deals - Bahamas Petroleum Company PLC (BPC)

    Simon Potter, Chief Executive Officer, received via a placing 7,751,938 shares in the company on the 8th October 2020 at a price of £0.02. The Director now holds 12,551,938 shares. Story provided...

  • 02 Oct
    10:10
    Bahamas Petroleum gives Heritage Petroleum more time to get approvals; Predator's right to purchase Inniss-Trinity field expires

    Oil and gas company Bahamas Petroleum company said it had given Heritage Petroleum more time to obtain government approval for the implementation of a new 10-year production sharing agreement. The...

  • 30 Sep
    08:41
    Bahamas Petroleum makes progress toward drilling new well

    Oil and gas company Bahamas Petroleum Company said it made progress toward drilling its new well off the coast of the Bahamas. Ahead of the spud of the perseverance well, expected prior to...

  • 28 Sep
    07:55
    Bahamas Petroleum losses deepen; touts cash flow growth

    Oil and gas company Bahamas Petroleum said it expected to grow cash flows on increased production next year after reporting wider first-half losses as higher costs weighed on performance. For the...

  • 25 Sep
    08:00
    Bahamas Petroleum says drilling of new well to commence before Christmas

    Oil exploration company Bahamas Petroleum said Stena Drilling had confirmed that it anticipated to start drilling a well off the coast of the Bahamas before Christmas. Stena estimated the...

  • 07 Aug
    14:42
    Bahamas Petroleum completes acquisition of Columbus Energy Resources

    Oil company Bahamas Petroleum said it had completed its acquisition of Columbus Energy Resources. Some 868.9m Bahamas shares would be issued to Columbus investors. 'We today become a single...

  • 01 Jun
    09:06
    Bahamas Petroleum reports wider losses as costs rise

    Oil and gas exploration company Bahamas Petroleum reported wider losses on higher costs. For the year ended 31 December 2019, pre-tax losses widened to $4.6m from $1.3m on-year. Other expenses...

  • 26 May
    07:42
    Bahamas Petroleum Company looks to drill first exploration well toward year end

    Oil and gas exploration company Bahamas Petroleum Company said the drilling of its first well would get underway between 15 December 2020 and 1 February 2021, after it agreed a contract with Stena...

  • 14 Apr
    07:58
    Bahamas Petroleum flags delay in allotment, admission of shares to fund

    Oil and gas explorer and producer Bahamas Petroleum said the allotment and admission of shares to its investment fund would not take place today as planned, due to the Covid-19 pandemic causing...

  • 13 Mar
    09:50
    Bahamas Petroleum delays drilling maiden well in Bahamas due to coronavirus outbreak

    Oil and gas exploration company Bahamas Petroleum said it had delayed plans to drill its first exploration well in The Bahamas following the novel coronavirus outbreak. The commencement of...

  • 09 Mar
    10:11
    Bahamas Petroleum agrees one-month extension to meet conditions of debt financing

    Oil and gas explorer Bahamas Petroleum said a one-month extension had been agreed to allow more time to meet the conditions to secure debt financing needed to drill its first exploration well in...

  • 20 Nov
    13:38
    Bahamas Petroleum purchases wellheads in run up to 2020 drilling campaign

    Bahamas Petroleum said it had made continued progress toward drilling its first exploration well in the Bahamas in 2020. A master service agreement had been signed with BakerHughes GE, the company...

  • 05 Nov
    13:55
    Bahamas Petroleum raises $11.4m to fund exploration well

    Bahamas Petroleum said it had raised $11.4m from a share issue that would help fund the drilling of an initial exploration well in The Bahamas during 2020. New shares in the company were issued...

  • 10 Oct
    09:46
    Bahamas Petroleum launches open offer to raise funds amid plans to drill exploration well

    Bahamas Petroleum said it would launch an open offer to shareholders to raise capital that was needed to fund the drilling of an initial exploration well in the first half of 2020. The company...

  • 03 Oct
    09:35
    Bahamas Petroleum denies reports claiming company mulling equity placing with institutional investors

    Bahamas Petroleum denied recent media speculation claiming the company was planning to raise funds through an equity placing with institutional investors. The company confirmed that it had no...

  • 30 Sep
    13:43
    Bahamas Petroleum confirms discussions to raise funds

    Bahamas Petroleum said it was speaking to existing and potential investors about raising funds, while noting media speculation that it was mulling a share placing. The company said it had...

  • 27 Sep
    08:05
    Bahamas Petroleum losses increase with extension of exploration period

    Bahamas Petroleum saw losses increase to £1.5m from £0.1m as announced in its interim results for the period ending 30 Jun 2019. The company saw an extension for its second exploration period for...

  • 03 Sep
    14:54
    Bahamas Petroleum reports positive study results ahead of drilling campaign

    Bahamas Petroleum said it had undertaken four separate subsurface studies as it prepared to start drilling exploration wells in the Bahamas from 2020. The studies highlighted the likely presence...

  • 21 Aug
    08:37
    Bahamas Petroleum expects first well exploration in H1 2020 after reaching series of agreements

    Bahamas Petroleum said it had entered into a series of agreements as part of a coordinated approach toward drilling its first exploration well in The Bahamas in the first half of 2020. The...

  • 15 Mar
    07:54
    Bahamas Petroleum Company raises $2.54m as search continues for farm-in partner

    Bahamas Petroleum Company raised US$2.54m before expenses through the placing of shares to support operations as it seeks to attract a farm-in partner to finance an exploratory well. The company...

  • 22 Feb
    09:38
    Bahamas Petroleum licence term extended to 31 December 2020

    oil and gas explorer Bahamas Petroleum said Friday the government of The Bahamas confirmed that the company’s four licences were extended until 31 December 2020. The confirmation came after...

  • 24 Aug
    16:41
    FTSE heads for strong Friday finish

    US Federal Reserve head Jerome Powell told the annual Jackson Hole summit of central bankers his organisation will do whatever it takes to control inflation. The FTSE 100 kept its positive...

  • 24 Aug
    11:45
    Miners boost FTSE ahead of Bank Holiday weekend

    It was a quiet day for corporate news ahead of the long Bank Holiday weekend, yet the FTSE 100 managed to enjoy a small 0.1% gain to 7,570 around midday thanks to mining stocks. Antofagasta led...

  • 24 Aug
    07:52
    Bahamas Petroleum exclusivity payments halted after partner agreement ends

    Bahamas Petroleum said Friday a major international oil company had decided against extending its exclusivity agreement with the company beyond the end of August, halting exclusivity payments....

  • 06 Aug
    08:51
    Bahamas Petroleum CEO's compensation package trimmed to reduce cash costs

    Oil and gas explorer Bahamas Petroleum announced Monday 'significant' changes to its CEO's compensation package to reduce cash costs to shareholders. The permanent changes to the CEO's contract...

  • 13 Jun
    10:35
    Bahamas Petroleum Company operating losses narrow as oil market steadies

    Oil and gas explorer Bahamas Petroleum Company operating losses narrowed 16% in the year through December as rising oil prices had created a more buoyant commercial environment for exploration....

  • 03 May
    10:19
    Bahamas Petroleum secures agreement with major international oil company

    Oil and gas explorer Bahamas Petroleum said it had entered into a confidentiality and exclusivity agreement with a major international oil company to conclude a technical evaluation of its assets...

  • 27 Apr
    09:58
    Bahamas Petroleum Company submits Environmental Authorisation application

    Oil and gas explorer Bahamas Petroleum Company, said Friday it submitted an application for Environmental Authorisation with the government of the Bahamas. The application represented the first...

  • 16 Mar
    13:48
    Bahamas Petroleum CEO agrees to 12-month contract extension

    Bahamas Petroleum Company said chief executive Simon Potter had agreed to a 12-month contract extension, effective 31 March. At 1:48pm: (LON:BPC) Bahamas Petroleum Company PLC share price was 0p...

  • 29 Sep
    08:08
    Bahamas Petroleum operating losses narrow

    Bahamas Petroleum's operating losses fell to $1.7m in the six months to the end of June - down from $2.2m last time. In June and July, the company successfully raised $3.5m, gross, through the...

  • 29 Sep
    07:05
    FLASH: Bahamas Petroleum operating losses narrow

    Story provided by StockMarketWire.com

  • 13 Sep
    07:46
    Bahamas Petroleum update on funding and farm-out

    Bahamas Petroleum Co has issued an update in relation to its business and ongoing farm-out process. In mid-July, the company completed the raising of US$3.5 million (£2.8 million) before expenses...

  • 13 Sep
    07:04
    FLASH: Bahamas Petroleum update on farm-out

    Story provided by StockMarketWire.com

  • 14 Aug
    09:57
    BPC joint broker stands down

    Bahamas Petroleum Company has announced that its joint broker, Canaccord Genuity, was standing down effective today following which Shore Capital Stockbrokers would act as the company's sole...

  • 19 Jul
    09:25
    Director Deals - Bahamas Petroleum Company PLC (BPC)

    Simon Potter, Chief Executive Officer, bought 2,000,000 shares in the company on the 19th July 2017 at a price of 1.00p. The Director now holds 4,000,000 shares. Story provided by...

  • 19 Jul
    09:25
    Director Deals - Bahamas Petroleum Company PLC (BPC)

    James Smith, Non Executive Director, bought 1,850,000 shares in the company on the 19th July 2017 at a price of 1.00p. The Director now holds 1,850,000 shares. Story provided by...

  • 19 Jul
    09:25
    Director Deals - Bahamas Petroleum Company PLC (BPC)

    Adrian Collins, Non Executive Director, bought 2,000,000 shares in the company on the 19th July 2017 at a price of 1.00p. The Director now holds 2,200,000 shares. Story provided by...

  • 19 Jul
    09:25
    Director Deals - Bahamas Petroleum Company PLC (BPC)

    Edward Shallcross, Non Executive Director, bought 2,750,000 shares in the company on the 19th July 2017 at a price of 1.00p. The Director now holds 3,070,000 shares. Story provided by...

  • 19 Jul
    09:25
    Director Deals - Bahamas Petroleum Company PLC (BPC)

    Ross McDonald, Non Executive Director, bought 1,850,000 shares in the company on the 19th July 2017 at a price of 1.00p. The Director now holds 2,100,000 shares. Story provided by...

  • 19 Jul
    09:25
    Director Deals - Bahamas Petroleum Company PLC (BPC)

    Bill Schrader, Chairman, bought 2,825,000 shares in the company on the 19th July 2017 at a price of 1.00p. The Director now holds 3,075,000 shares. Story provided by StockMarketWire.com Director...

  • 14 Jul
    13:25
    Bahamas Petroleum to raise £1.7m via share issue

    Bahamas Petroleum has announced 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...

  • 16 Jun
    09:26
    BPC conditional placing increased

    Bahamas Petroleum Company has increased the size of its conditional placing from 150 million to 170 million shares following participation by directors and members of the management team. The...

  • 15 Jun
    08:03
    Bahamas Petroleum Co losses narrow

    Bahamas Petroleum Company's total operating loss for the year to the end of December was $3.8m - down 20% on last time and 10% on the six month period to June 2016 when compared on an annualised...

  • 15 Jun
    07:10
    FLASH: Bahamas Petroleum losses narrow

    Story provided by StockMarketWire.com

  • 14 Jun
    07:51
    BPC raises $3.25m

    Bahamas Petroleum Co has raised US$3.25m (£2.6m), gross, through a firm and conditional placing of 260,000,000 new ordinary shares at 1 pence each. BPC said this comprised a firm placing of...

  • 14 Jun
    07:09
    FLASH: Bahamas Petroleum Co to raise $3.25m

    Story provided by StockMarketWire.com

  • 12 Apr
    07:48
    Bahamas Petroleum terminates ADR programme

    Bahamas Petroleum Company has decided to close its American Depository Receipt programme. The company said that trading volumes of ADRs had been less than required to justify the burden of...

  • 12 Apr
    07:10
    FLASH: Bahamas Petroleum terminates ADR programme

    Story provided by StockMarketWire.com

  • 21 Mar
    08:53
    FTSE mildly ahead as market looks to UK CPI

    London shares began on a mildly positive note with traders keeping their powder dry ahead of a string of UK's latest consumer-price index (CPI) being released mid-morning. Inflation has been in...

  • 27 Jan
    15:55
    Oil, Gas Roundup

    Petro Matad Ltd (LON:MATD) was the sector's biggest faller - down more than 15.7% in late trading - after it said that in preparation for its drilling programme in Blocks IV and V, expected to...

  • 23 Nov
    16:24
    Oil, Gas Roundup

    Pantheon Resources (LON:PANR) has narrowed its FY pretax loss was £0.9m, from a year-ago profit of £1.1m. Revenue was £385, from £3389. "Despite the technical challenges, I find it difficult to...

  • 07 Nov
    16:15
    Oil, Gas Roundup

    SOCO (LON:SIA) says development drilling programme has started on the Te Giac Trang field of Block 16-1, offshore southern Vietnam. The infill wells, the TGT-27P and TGT-28P, will be 'batch...

  • 07 Oct
    16:06
    Oil, Gas Roundup

    Sound Energy (LON:SOU) said TE-7, the second well at its Tendrara licence, onshore Morocco, has now been successfully drilled to total measured depth of 3,459 metres corresponding to a vertical...

  • 06 Oct
    16:21
    Oil, Gas Roundup

    President Energy (LON:PPC) was the sector's biggest faller after it was forced to temporarily suspend well DP1002 S/T so that the Drilling Rig can be mobilised to the company's neighbour for...

  • 27 Sep
    16:17
    Oil, Gas Roundup

    Bahamas Petroleum (LON:BPC) was the sector's biggest riser posted a total operating loss of $2.159 million for the six months to the end of June, down 8% on last time and 11% on the 2015 full year...

  • 27 Sep
    08:09
    Bahamas Petroleum operating loss narrows

    Bahamas Petroleum posts a total operating loss of $2.159 million for the six months to the end of June, down 8% on last time and 11% on the 2015 full year result on an annualised basis. The...

  • 14 Sep
    16:24
    Oil, Gas Roundup

    Rockhopper (LON:RKH) has swung to an impressive $131.3m pre-tax profit for its first half, from a year-earlier loss of $5.1m. Chairman David McManus said: "We continue to make very good progress...

  • 31 Aug
    15:48
    Oil, Gas Roundup

    Gulf Keystone Petroleum's (LON:GKP) shares soared after it announced the release of an updated competent person's report - an independent third-party audit of the company's reserves at 30 June....

  • 31 Aug
    14:19
    Bahamas Petroleum resolutions passed at AGM

    Bahamas Petroleum Co has confirmed that all resolutions proposed at its annual general meeting earlier today were passed. At 2:19pm: (LON:BPC) Bahamas Petroleum Company PLC share price was +0.05p...

  • 30 Aug
    16:20
    Oil, Gas Roundup

    Range Resources (LON:RRL) shares were up in late trading after it confirmed that the QUN 159 well which was spudded on 8 August has reached target depth of 2,500 feet. This is the third...

  • 24 Aug
    16:12
    Oil, Gas Roundup

    Exillon Energy's (LON:EXI) output averaged 13,883 barrels per day in July. Average daily production for Exillon Timan-Pechora was 3,179 bpd, and for Exillon West Siberia it was 10,704 bpd during...

  • 12 May
    15:49
    Oil, Gas Roundup

    Nostra Terra Oil and Gas (LON:NTOG) was the sector's biggest faller in late trading after it set out plans to improve capital structure of the company. Background to and reasons for the Capital...

  • 04 Apr
    15:50
    Oil, Gas Roundup

    Caza Oil & Gas's (LON:CAZA) shares slumped after it called a special meeting of shareholders to consider a proposal by Talara Opportunities V, LP, the majority shareholder of Caza, to take the...

  • 04 Apr
    09:36
    Bahamas Petroleum directors' pay deferral

    Bahamas Petroleum says a number of measures relating to board/executive compensation and the company's option plan are to be implemented, as initially announced in the 2015 final results...

  • 21 Mar
    12:10
    Broker Forecast - Canaccord Genuity issues a broker note on Bahamas Petroleum Company PLC

    Canaccord Genuity today reaffirms its speculative buy investment rating on Bahamas Petroleum Company PLC (LON:BPC) and set its price target at 3p. Story provided by StockMarketWire.com

  • 21 Mar
    09:43
    Bahamas Petroleum losses rise

    Bahamas Petroleum Company posts an operating loss of $4,845,139 for the year to the end of December compared with $4,778,879 last time. Pre-tax losses rose to $4,774,445 from $4,668,179. Chief...

  • 21 Mar
    08:55
    FTSE tiptoes lower on miners, retail-related

    London shares tiptoed lower at the start of a week shortened by the upcoming Easter break, with falls among miners and retail-related stocks providing early direction. This after Wall St closed...

  • 21 Mar
    07:15
    FLASH: Bahamas Petroleum losses rise

    Story provided by StockMarketWire.com

  • 05 Feb
    16:10
    Oil, Gas Roundup

    Bahamas Petroleum Co's (LON:BPC) shares jumped after it said it was pleased to announce that the Petroleum Bill and associated regulations, as well as a Sovereign Wealth Fund Bill, have been passed...

  • 05 Feb
    08:55
    FTSE nudges up on mixed bag as Europe mixed

    London shares tiptoed higher in early deals, apparently entrenching Thursday's gains, with a mixed bag of beverages, consumer goods, leisure and supermarkets providing positive bias as mining...

  • 05 Feb
    07:31
    Bahamas Petroleum welcomes passing of Petroleum Bill

    Bahamas Petroleum Company says it is pleased to announce that the Petroleum Bill and associated regulations, as well as a Sovereign Wealth Fund Bill, have been passed by the Bahamian Senate....

  • 05 Feb
    07:06
    FLASH: Bahamas Petroleum welcomes passing of Petroleum Bill

    Story provided by StockMarketWire.com

  • 22 Dec
    17:06
    FTSE up on resources as US firms on macro data

    FTSE indices closed on a positive note with both the blue-chip and mid-cap ladders enjoying mild to moderate gains on a string of surging resources stocks, with financial and property outfits...

  • 22 Dec
    16:08
    Oil, Gas Roundup

    Bahamas Petroleum Co (LON:BPC) says it is delighted that the Bahamian House of Assembly has passed the the Petroleum Bill and associated regulations, as well as a Sovereign Wealth Bill. The Bills...

  • 22 Dec
    08:54
    FTSE trudges up on resources as supermarkets fall

    FTSE indices trudged higher in early deals, following yesterday's lower close, on a string of firming oil and mining, financials and property stocks. This after a mixed Wall St and Asia overnight,...

  • 22 Dec
    07:36
    BPC upbeat

    Bahamas Petroleum Co says it is delighted that the Bahamian House of Assembly has passed the the Petroleum Bill and associated regulations, as well as a Sovereign Wealth Bill. The Bills will now...

  • 22 Dec
    07:09
    FLASH: Bahamas Petroleum welcomes passing of Petroleum Bill

    Story provided by StockMarketWire.com

  • 16 Dec
    16:25
    Bahamas Petroleum notes second reading of Petroleum Bill

    Bahamas Petroleum Co has noted that the Petroleum Bill and as well as a Sovereign Wealth Bill were today put before the Bahamian House of Assembly for their Second Reading. As previously announced...

  • 16 Dec
    15:55
    Oil, Gas Roundup

    Sound Energy (LON:SOU) was one of the sector's biggest risers after it said its farm in agreement with the Moroccan Oil and Gas Investment Fund in relation to the Tendrara Lakbir Licence has now...

  • 02 Nov
    16:23
    Oil, Gas Roundup

    Caza Oil & Gas (LON:CAZA) was the sector's biggest faller after its forbearance agreement with Apollo Investment Corp was extended for another month to the end of November and it warned that...

  • 12 Oct
    16:01
    Oil, Gas Roundup

    Sefton Resources' (LON:SER) shares plunged after the prospective replacement nominated adviser introduced by the proposed new directors - Clement Chambers as interim CEO and Michael Hodges as...

  • 23 Jul
    16:07
    Oil, Gas Roundup

    Victoria Oil & Gas (LON:VOG) has provided an update on its operations for the 3-month period ended 30 June 2015. It intends to provide the market with quarterly operational updates, based on...

  • 23 Jul
    14:05
    Bahamas Petroleum resolutions passed at AGM

    Bahamas Petroleum has confirmed that all resolutions proposed at its annual general meeting earlier today were passed. At 2:05pm: (LON:BPC) Bahamas Petroleum Company PLC share price was +0.02p at...

  • 23 Jul
    07:32
    Bahamas Petroleum losses narrow

    Bahamas Petroleum Company posts an operating loss of $2.3m for the six months to the end of June - down from $2.5m last time. Highlights: · Four southern licences exploration period...

  • 23 Jul
    07:03
    FLASH: Bahamas Petroleum losses narrow

    Story provided by StockMarketWire.com

  • 22 Jun
    15:59
    Oil, Gas Roundup

    North Celtic Sea-focussed Lansdowne Oil & Gas (LON:LOGP) was the sector's biggest riser after announcing that it expects drilling on the Midleton prospect to start in August. It said PSE...

  • 22 Jun
    08:39
    Bahamas Petroleum schedules AGM

    Bahamas Petroleum will hold its annual general meeting at IOMA House, Hope Street, Douglas, Isle of Man, IM1 1AP, on 23 July at midday. At 8:39am: (LON:BPC) Bahamas Petroleum Company PLC share...

  • 17 Jun
    16:07
    Oil, Gas Roundup

    Sefton Resources (LON:SER) was the sector's biggest faller after it raised £799,500 gross through a placing of 1,230,000,000 new shares which have been subscribed for by clients of Novum...

  • 17 Jun
    12:44
    Bahamas Petroleum completes licence renewal process

    Bahamas Petroleum Company, the oil and gas exploration company, has announced that the Governor-General has signed the Licence Renewal Addendum. The Company entered into a Licence Renewal Addendum...

  • 08 Jun
    15:56
    Oil, Gas Roundup

    Range Resources (LON:RRL) was the sector's biggest riser as it resumed trading having received the first tranche of funds from the financing deal agreed with Beijing Sibo Investment Management. *...

  • 08 Jun
    08:23
    Bahamas Petroleum losses narrow

    Bahamas Petroleum Company posts an overall loss of $4.7m for the year to the end of December, down 10% on 2013. But Bahamas Petroleum says this comparison does not entirely reflect the effect of...

  • 08 Jun
    07:07
    Bahamas Petroleum losses narrow

    Story provided by StockMarketWire.com

  • 04 Jun
    16:19
    Oil, Gas Roundup

    Chariot Oil & Gas (LON:CHAR) continued to make progress across all of its assets in the past year despite the significant change and challenges in the industry, shareholders at the annual...

  • 28 May
    16:23
    Oil, Gas Roundup

    Bahamas Petroleum Co's (LON:BPC) shares were down in late trading after it noted a slight delay on the new Petroleum Bill and suite of associated regulations currenlty progressing through the...

  • 28 May
    08:46
    Bahamas Petroleum update on Petroleum Bill

    Bahamas Petroleum Company has noted a slight delay on the new Petroleum Bill and suite of associated regulations currenlty progressing through the Bahamian House of Assembly. Bahamas Petroleum...

  • 28 May
    07:19
    FLASH: Bahamas Petroleum update on Petroleum Bill

    Story provided by StockMarketWire.com

  • 21 May
    15:55
    Oil, Gas Roundup

    Bahamas Petroleum Co's (LON:BPC) shares rose after it noted that the Petroleum Bill and suite of associated regulations as well as a Sovereign Wealth Bill have been put before the Bahamian House of...

  • 21 May
    09:21
    Bahamas Petroleum update on Petroleum Bill

    Bahamas Petroleum Co is pleased to note that the Petroleum Bill and suite of associated regulations as well as a Sovereign Wealth Bill have been put before the Bahamian House of Assembly for their...

  • 18 May
    16:07
    Oil, Gas Round-up

    Bahamas Petroleum Co's (LON:BPC) shares rose after it agreed upon the terms of a licence renewal addendum in relation to its four southern licences. The current term of the licences has been...

  • 18 May
    08:55
    FTSE up on miners, less BHP, and house builders

    FTSE indices tracked higher on opening with mining stocks providing crisp cue, with house-building and retail-sector outfits adding support. Wall St was mixed overnight Friday, as were Asian...

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