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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: 2.429 GBX

LSE:BPC
Market: LSE
Market Cap: £60.33 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...

on 26/5/20

2 min read