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Country summary: Bahamas

energy-pedia opportunities - Bahamas:
Current deals: 2
Licensing articles: 4
Completed deals: 2

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Bahamas - recent news

14 Feb 20
Bahamas Petroleum provides update on the Bahamian Mutual Fund
Bahamas Petroleum Company has provided an update in regards to the launch of a Bahamian incorporated mutual fund, which will allow Bahamian investors the opportunity to invest in the outcome of its potentially transformational Perseverance-1 exploration well, targeting 0.77bn to 1.44bn barrels of oil, which is to be drilled in the first half of 2020.
31 Jan 20
Bahamas: Bahamas Petroleum to drill Perseverance-1 exploration well in H1 2020
Bahamas Petroleum Company has provided an update on its planned H1 2020 drilling campaign. Drilling of exploration well Perseverance-1, targeting recoverable P50 oil resources of 0.77 billion barrels, with an upside of 1.44 billion barrels, is expected to commence in April 2020.
28 Nov 19
Bahamas Petroleum announces update ahead of exploration drilling in 2020
Bahamas Petroleum Company has provided details of several important in-country developments as the Company continues its coordinated work effort toward drilling of an exploration well in The Bahamas in 2020.
20 Nov 19
Bahamas Petroleum continues progress toward first exploration well in The Bahamas in 2020
Bahamas Petroleum Company has provided details of continued progress toward drilling its first exploration well in The Bahamas in 2020.
05 Nov 19
Bahamas Petroleum raises USD11.4 million through placing and open offer
Bahamas Petroleum has raised USD11.4 million through a placing and open offer. The funds will be used to undertake the drilling of an initial exploration well in The Bahamas during 2020, in accordance with the Company's licence commitments. Farm-in discussions remain active, and the Company continues to consider other financing alternatives.

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