Bahamas Petroleum, the Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development and onshore and offshore exploration assets across the region, is pleased to announce that, further to the passing of all resolutions at the Company s Extraordinary General Meeting on 17 May 2021, the Company s change of name has been effected by the Isle of Man Registrar of Companies. As such, the Company s shares on AIM, as of 08:00 a.m. today, will be under its new name Challenger Energy Group PLC ( Challenger Energy ) and its new ticker of CEG .
The Company s ISIN (IM00B3NTV894) and SEDOL (B3NTV89) remain unchanged. Shareholders should note that their shareholdings will be unaffected by the change of name. Existing share certificates should be retained by Shareholders holding ordinary shares in certificated form as they will remain valid for all purposes and no new share certificates will be issued.
The Stena IceMAX drillship. (PHOTO: BPC VIDEO)
Earthjustice: Denying BPC not only within lawful authority of The Bahamas but also consistent with govt’s public opposition to oil drilling
NASSAU, BAHAMAS A US-based non-profit specializing in environmental law, Earthjustice, has asserted that the Bahamian government has full legal authority to deny the Bahamas Petroleum Company’s (BPC) request to review its licenses.
The organization, in a letter addressed to Prime Minister Dr Hubert Minnis and Environment Minister Romauld Ferreira, contended that the Bahamian government “has broad discretion under the law to deny BPC’s request for renewal of its licenses and that BPC has no right of renewal”.
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Proactive Oil & Gas weekly highlights: Diversified Energy Company, Union Jack Oil, Tower Resources, ADM, Scirocco, Hurricane, Kistos, Challenger Energy
It was another active week in the small-cap oil and gas sector.
Diversified Energy Company PLC (LON:DEC) confirmed it has raised US$225mln in a placing and retail offer as it advances its latest acquisition. It will issue 141.5mln new shares at 112p per share.
Proceeds will cover the cost of the newly announced Blackbeard acquisition which sees the company pick up another 820 wells producing 16,000 barrels oil equivalent per day (boepd) in its recently established Central regional focus area (RFA). The deal consideration is US$166mln.
Bahamas Petroleum, the
Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development and onshore and offshore exploration assets across the region, is pleased to announce that, further to the passing of all resolutions at the Company s Extraordinary General Meeting on
17 May 2021, the Company s change of name has been effected by the Isle of Man Registrar of Companies. As such, the Company s shares on AIM, as of
08:00 a.m. today, will be under its new name Challenger Energy Group PLC ( Challenger Energy ) and its new ticker of CEG .
The Company s ISIN (IM00B3NTV894) and SEDOL (B3NTV89) remain unchanged. Shareholders should note that their shareholdings will be unaffected by the change of name. Existing share certificates should be retained by Shareholders holding ordinary shares in certificated form as they will remain valid for all purposes and no new share certificates will be issued.
Shareholders pump another $9 75 mil into oil company thenassauguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenassauguardian.com Daily Mail and Mail on Sunday newspapers.