Bahamas Petroleum Company PLC Change of Broker (8489N)
August 14 2017 - 2:00AM
UK Regulatory
TIDMBPC
RNS Number : 8489N
Bahamas Petroleum Company PLC
14 August 2017
14 August 2017
Bahamas Petroleum Company plc ("BPC" or the "Company")
Change of Broker
Bahamas Petroleum Company, the oil and gas exploration company
with significant prospective resources in licences in The
Commonwealth of The Bahamas, announces that its joint broker,
Canaccord Genuity Limited, is standing down effective today,
following which Shore Capital Stockbrokers Limited shall act as
sole broker to the Company. This development is in line with the
rigorous cost saving initiatives that have been implemented by the
Company over the last few years. The Company fully intends to
maintain all such cost saving initiatives whilst management
continue to advance financing discussions to a successful
outcome.
Ends
For further information, please contact:
Bahamas Petroleum Company plc Tel: +44 (0)
Simon Potter, Chief Executive 1624 647 882
Officer
Strand Hanson Limited - Nomad Tel: +44 (0)
Rory Murphy / James Spinney 20 7409 3494
Shore Capital Stockbrokers Limited Tel: +44 (0)
- Broker 207 408 4090
Jerry Keen / Toby Gibbs
CAMARCO Tel: +44 (0)
Billy Clegg / Gordon Poole / 20 3757 4983
James Crothers
Notes to editors:
Bahamas Petroleum Company is an oil and gas exploration company
with 100% owned offshore licences exclusively focused on the
Commonwealth of The Bahamas. The Company has significant
prospective resources, which have been de-risked through both
extensive 2D and 3D seismic. The four Southern Licences, with a
newly agreed well obligation date of April 2017, run until 2Q 2018
when the licences may be renewed a further two times. The Company
is intent on delivering safe and environmentally responsible
exploration.
www.bpcplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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