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Bahamas Petroleum's Simon Potter hails environmental go-ahead for Perseverance well

Bahamas Petroleum Company PLC's (LON:BPC) Simon Potter speaks to Proactive London's Andrew Scott following the news they've secured environmental authorisation for the Perseverance-1 well, which is expected to spud in April 2020.

BPC can now advance its preparations for Perseverance-1 which will be targeting a large and significant prospect, estimated between 700mln and 1.4bn barrels of prospective resources.

Quick facts: Bahamas Petroleum Company PLC

Price: 1.987 GBX

LSE:BPC
Market: LSE
Market Cap: £46.55 m
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Bahamas Petroleum signs rig contract for hotly anticipated Perseverance-1...

Bahamas Petroleum Company PLC's (LON:BPC) Eytan Uliel speaks to Proactive London's Andrew Scott after inking a rig contract for its Perseverance-1 exploration well which is slated to start potentially as early as the fourth quarter. The contract commits Stena Drilling to provide a state of...

1 day, 22 hours ago

2 min read