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IN BRIEF: Bahamas Petroleum Notes Reports On Court Action Over Well

9th Dec 2020 17:49

Bahamas Petroleum Co PLC - Caribbean and Atlantic margin focused oil and gas company - Notes press reports that environmental activists have filed an application in the Supreme Court of Bahamas for leave to bring proceedings against Government of Bahamas in relation to its decision to approve drilling of Perseverance-1 well.

"Apart from this media speculation, BPC presently has no further knowledge in relation to this matter: BPC has not been served, and is not aware that the Government of The Bahamas has been served," the group stated.

Current stock price: 2.65 pence

Year-to-date change: up 32%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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