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Bahamas Petroleum to become full-cycle exploration and production company with Columbus deal

Bahamas Petroleum Company PLC's (LON:BPC) Simon Potter speaks to Proactive London's Andrew Scott after announcing the recommended £25mln acquisition of fellow Caribbean and South America focussed oil junior Columbus Energy Resources PLC (LON:CERP).

Potter says the combination will create a “Caribbean and Atlantic margin focused oil and gas champion”.

Quick facts: Bahamas Petroleum Company PLC

Price: 2.24 GBX

LSE:BPC
Market: LSE
Market Cap: £105.36 m
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Bahamas Petroleum targeting annual revenues of at least $15mln by end of 2021

Bahamas Petroleum Company PLC's (LON:BPC) Simon Potter and Eytan Uliel caught up with Proactive London's Andrew Scott following its recent merger with Columbus Energy. Last week the company issued a new corporate presentation to communicate its new strategy. Potter says they're making rapid...

on 17/8/20

2 min read