Bahamas Petroleum Company PLC Statement re media speculation (4515R)

TIDMBPC

RNS Number : 4515R

Bahamas Petroleum Company PLC

28 February 2019

Bahamas Petroleum Company plc

("Bahamas Petroleum" or the "Company")

Statement re: media speculation

Bahamas Petroleum Company, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas ("The Bahamas"), notes recent media coverage in the Bahamas. As announced on 22 February 2019, active discussions are ongoing with a number of potential farm-in partners although the Company confirms that, at this time, no commercial agreement for the financing of its initial exploratory well has yet been reached.

Ends

For further information, please contact:

 
 Bahamas Petroleum Company plc            Tel: +44 (0) 1624 
  Simon Potter, Chief Executive Officer    647 882 
 Strand Hanson Limited - Nomad            Tel: +44 (0) 20 
  Rory Murphy / James Spinney              7409 3494 
 Shore Capital Stockbrokers Limited       Tel: +44 (0) 207 
  Jerry Keen / Toby Gibbs                  408 4090 
 CAMARCO                                  Tel: +44 (0) 20 
  Billy Clegg / James Crothers             3757 4983

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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February 28, 2019 06:45 ET (11:45 GMT)

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