Today’s guest on the ValueTheMarkets podcast is Eytan Uliel, Commercial Director of Bahamas Petroleum Company (LSE:BPC). The company has significant prospective resources via licenses held in the Bahamas and is working towards drilling its first exploration well in Q1 2020. Bahamas Petroleum has just entered into a subscription agreement for £10.25m convertible loan notes and is currently conducting an open offer to raise up to £7m from existing shareholders.
In the interview, Eytan discusses Bahamas Petroleum’s progress towards drilling its first well and the potential prize on offer should it successfully hit hydrocarbons in the region.
Author: Stuart Langelaan
Disclosure: The author was not paid for this piece. The author does not own shares in the company mentioned.
All opinions expressed are those of ValueTheMarkets and the respective guests unless otherwise stated and should not be construed as investment advice or a recommendation to buy shares in any featured Company. Listeners are advised to do their own extensive research before buying shares which, as with all small-cap exploration stocks, should be viewed as high risk. Investors should also seek the advice of a qualified investment adviser or stockbroker as they deem appropriate.