TIDMBPC 
 
RNS Number : 8343P 
BPC Ltd 
01 April 2009 
 

 
 
Date: 1 April 2009 
On behalf of: BPC Limited ("BPC" or "the Company") 
Embargoed until:    0700hrs 
 
 
BPC Limited ("the Company") 
 
 
Board Changes 
 
 
The Board of Directors of BPC Limited advises that as a consequence of having 
migrated its tax regime to Jersey, as it conducts no business activities in the 
UK and all of its petroleum activities are in the Commonwealth of The Bahamas, 
the opportunity has arisen to reduce costs by a reduction in the number of 
directors and in streamlining the overhead structure by staff reductions. As a 
result, effective 1 April 2009, two non-executive directors, Robert Carroll from 
Australia and Timothy Jones from the UK are resigning and the Board wishes to 
thank them for their great contribution. 
 
 
The remaining non-executive directors are Mark Savage and Michael Proffitt who 
will make up the Audit and Remuneration Committees. Michael Proffitt has been 
appointed Finance Director.  Alan Burns, Michael Proffitt and Mark Savage will 
comprise the Nomination Committee. The non-executive directors have agreed to 
waive their annual directors fees in full until further notice and Alan Burns 
has agreed to reduce his annual set fee from GBP100,000 to USD50,000. The 
Company's working capital position is satisfactory. 
 
 
Following these changes, the board is now as follows: 
 
 
Alan Burns (Chairman and Chief Executive Officer) 
Paul Crevello (Chief Operating Officer) 
Michael Proffitt (Finance Director, Non-Executive) 
Mark Savage (Non-Executive) 
 
 
The Company is focused on its Bahamas project. Further technical work is 
progressing and farmout negotiations are continuing. 
 
 
 
 
For more information please contact: 
 
 
BPC Limited 
Alan Burns, Chairman and CEO +61 (0)8 9286 2270 
 
 
Ambrian Partners Limited (Nominated Adviser) 
Marc Cramsie +44 (0)20 7634 4700 
 
 
Redleaf Communications  bpc@redleafpr.com 
Samantha Robbins / Rebecca Sanders-Hewett          +44 (0)20 7566 6700 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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