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
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Oil price, DEC, Challenger, Kistos. And finally…
Oil is having a bad time this week as the usual problem areas are getting worse not better just now. In India virus numbers continue to grow and with only 3% of the country vaccinated aint nothing gonna change anytime soon. As already mentioned the spread of the virus through Asia is happening and bets on the Olympics happening are still to be avoided.
WTI $62.05 -$1.31, Brent $65.11 -$1.55, Diff -$3.06 -24c, NG $2.92 -4c, UKNG 63.21p +4.53p
Oil price
Oil is having a bad time this week as the usual problem areas are getting worse not better just now. In India virus numbers continue to grow and with only 3% of the country vaccinated aint nothing gonna change anytime soon. As already mentioned the spread of the virus through Asia is happening and bets on the Olympics happening are still to be avoided.
Bahamas Petroleum adds former BP Trinidad chief to board as Saffron well spud date approaches
Trinidad is becoming increasingly important to the company, not least because of the imminent spudding of the Saffron well
Bahamas Petroleum Company PLC (LON:BPC) - soon to be renamed as Challenger Energy Group – has appointed BP’s former country manager for Trinidad to its board.
Robert Riley will join the company as a non-executive director.
The appointment of Riley comes as the company is putting its focus on production-led growth, primarily in Trinidad. He brings significant in-country experience as he was previously BP’s chief executive and chairman for Trinidad.
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Bahamas Petroleum adds former BP Trinidad chief to board as Saffron well spud date approaches
Trinidad is becoming increasingly important to the company, not least because of the imminent spudding of the Saffron well
Bahamas Petroleum Company PLC (LON:BPC) - soon to be renamed as Challenger Energy Group – has appointed BP’s former country manager for Trinidad to its board.
Robert Riley will join the company as a non-executive director.
The appointment of Riley comes as the company is putting its focus on production-led growth, primarily in Trinidad. He brings significant in-country experience as he was previously BP’s chief executive and chairman for Trinidad.
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