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IN BRIEF: Bahamas Petroleum To Spud Perseverance Well By End Of 2020

17th Nov 2020 21:17

Bahamas Petroleum Co PLC - Caribbean and Atlantic margin focused oil and gas company - Perseverance 1 well in Bahamas on track to spud before the end of 2020. Well is targeting recoverable prospective resources of 700 million barrels of oil, with an upside of 1.44 billion barrels, solely for the northern portion of the B structure.

Current stock price: 3.15 pence

Year-to-date change: up 57%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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