Nathan Rayner Operations Director of Bahamas Petroleum provides an operational update on Trinidad and Tobago, and Suriname.

Episode 56,   Nov 03, 2020, 02:04 PM

Nathan Rayner Operations Director of Bahamas Petroleum Company #BPC provides an operational update in relation to its assets in Trinidad and Tobago, and Suriname.

Nathan Rayner Operations Director of Bahamas Petroleum Company #BPC provides an operational update in relation to its assets in Trinidad and Tobago, and Suriname.

BPC is a Caribbean and Atlantic margin focused oil and gas company, with a range of exploration, appraisal, development and production assets and licences, located offshore in the waters of The Bahamas and Uruguay, and onshore in Trinidad and Tobago, and Suriname. BPC is currently on-track for drilling an initial exploration well in The Bahamas, Perseverance #1, in late 2020 / early 2021, with the well targeting recoverable P50 prospective oil resources of 0.77 billion barrels, with an upside of 1.44 billion barrels. In Trinidad and Tobago, BPC has five producing fields, two appraisal / development projects and a prospective exploration portfolio in the South West Peninsula. BPC's exploration licence in Uruguay is highly prospective, with a potential resource of 1 billion barrels of oil equivalent. In Suriname, BPC has an onshore appraisal / development project.

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