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RESET: BPC CEO to step down as company rebrands to Challenger Energy Group, PLC

Commercial Director Eytan Uliel to replace Potter as CEO Company still seeking to drill another exploratory well after initial failure NASSAU, BAHAMAS The Bahamas Petroleum Company (BPC) has undertaken a “reset” inclusive of a name change as well as changes to its board of directors and upper management, some two months after its exploratory well in Bahamian waters failed to produce oil in any commercial quantity. The company recently revealed to investors that it will convene an extraordinary general meeting and reveal a number of material changes to its business. Bahamas Petroleum Company CEO Simon Potter. (PHOTO: BPC) Notably, Simon Potter, the company’s CEO since 2011, will step down effective May 20, but will remain on the board of the company in the capacity of non-executive director and provide ongoing support to BPC’s executive team.

Investegate |Bahamas Petroleum Co Announcements | Bahamas Petroleum Co: Notice of Extraordinary General Meeting

Investegate |Bahamas Petroleum Co Announcements | Bahamas Petroleum Co: Notice of Extraordinary General Meeting
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Bahamas Petroleum Company PLC (LSE:BPC) | RNS | Bahamas Petroleum Co - High-Impact Exploration Update

Bahamas Petroleum Company PLC (LSE:BPC) | RNS | Bahamas Petroleum Co - High-Impact Exploration Update
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Bahamas Petroleum Company PLC (LSE:BPC) | RNS | Bahamas Petroleum Co - Trinidad and Tobago and Suriname Update

Bahamas Petroleum Company PLC (LSE:BPC) | RNS | Bahamas Petroleum Co - Trinidad and Tobago and Suriname Update
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Coro Energy completes Placing and Open Offer to raise gross proceeds of up to GBP5 0 million

Further to the announcement of 22 February 2021 of the acquisition of Global Energy Partnership Limited ( GEPL ), and the proposed placing, Coro Energy has announced the results of the Placing which, together with the Open Offer, will result in gross proceeds of up to £5.0 million being raised.

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