(AIM: BPC) THE BAHAMAS: A GIANT OIL PROVINCE IN THE MAKING Investor Presentation January 2011 Isle of Man Head Office: IOMA House Hope Street Douglas Tel: +44 1624 647883 Borco oil storage facility Freeport Bahamas Email:…
Bahamas Petroleum Company Awarded Licences and Licence Applications 3
Google Image showing Bahamas Petroleum Company Awarded Licences and Licence Applications 4
Historical Bahamas Activity WELL YEAR OPERATOR TOTAL AGE AT TOTAL DEPTH DEPTH Andros Island 1 1947 Superior 4.446m Early Cretaceous Cay Sal 1 1959 Bahamas 5.763m Jurassic or Early California Cretaceous Long Island 1 1970 Bahamas…
Bahamas Petroleum Company Overview Bahamas Petroleum Company was formed in 2005 and listed on AIM UK through a reverse takeover in Sept 2008 Current market capitalisation is approx. US252.8 million (GBP158 million) (BPC: AIM) Bahamas…
Bahamas Petroleum Companys Technical Data Set A Competitive Advantage Bahamas Petroleum Company has the only Comprehensive Data Set of Bahamas Geology and Geophysics Bahamas Petroleum Company undertook a successful global search for…
Corporate History First Mover Advantage Bahamas 30 August 2010 - Bahamian Bahamas Government announces Petroleum Petroleum Company temporary freeze on licence Company is applications founded applies for Board expands to Five…
Bahamas Petroleum Company Board & Senior Management Alan Burns: Non Executive Chairman Isle of Man Alan Burns is founder of the Bahamas Petroleum Company Group and has a successful 37 year career in the oil business including…
Bahamas Petroleum Company Technical Team, Consultants & Capabilities Dr Paul Crevello has over thirty years experience in US domestic and international exploration in more than 40 countries University of Miami (Master of Science in…
Why Bahamas Overview A politically stable country, with an uninterrupted parliamentary democracy of over 275 years Commonwealth of The Bahamas Population: 310,426 GDP (US Bn): 7.38 Excellent fiscal terms and English based Rule of…
Why Bahamas Compelling Fiscal Terms Royalty Rates and Leases terms: Production Level Royalty Rate Oil Production, up to 75,000 bopd 12.5% Government Take of Project Pre-Tax NPV (%) Oil Production, from 75,000 to 150,000 bopd 15.0%…
Bahamas Petroleum Company (Red/Yellow) & Bahamas Petroleum Company / Statoil JV (Blue) Exploration Licences Asset (1) Holder Licence Area The Bahamas Bain Bahamas Petroleum 775,468 acres 2 Licence (offshore) Company 3,138 km The…
Bahamas Petroleum Company Technical Achievements (2006-2010) Retrieved and described original core and cutting samples Completed modern computer workstation analysis: seismic, well logs, gravity and magnetics Petrophysics well…
Previous Wells Drilled Core Interpretation Numerous hydrocarbon shows throughout all wells 15
Bahamas Petroleum Companys BH 2010 - 2D Seismic Survey (June 2010) N C4 S 2 km 1 sec 2 sec 3 sec 16
Seismic Data Analysis September 2010 Dim spots Water bottom evulsion features Flat reflectors 5 Kms. Figure 1: showing stratigraphic variations, amplitude and frequency variations possibly associated with porosity and/or…
Seismic Data Analysis September 2010 cont. 1 Km. Figure 3: showing amplitude dimming and chimney features due to insitu gas. 1 Km. Figure 4: showing flat reflectors possibly due to fluid interface 18
Seismic Data Analysis September 2010 cont. DG Consultant Services 607A Kipling St., Houston, Texas 77006, 713 927 2251 September 15, 2010 Introduction: Bahamas Petroleum Corporation (Bahamas Petroleum Company) acquired 194…
Identified Giant & Super-Giant Leads Tenneco Max Case Most Likely Case Minimum Case Resource est 100% Structural Fill 50% Structural Fill 33% Structural Fill bn bbl bn bbl bn bbl Manta Ray 1.447 0.543 0.049 Sand Shark 1.386 0.244…
Corporate Overview GBP USD Price 0.16 0.256 Bahamas 52 Week High 0.19 0.304 Petroleum Company PLC 52 Week Low 0.027 0.043 Isle Of Man 100% Shares Outstanding 987.4 - BPC Ltd. Bahamas Market Cap (mm) 158.0 252.8 Cash and Cash…
Bahamas Petroleum Company Share Price Chart 50,000 Bahamas Govt 14.0 clarifies position: Bahamas Petroleum Company licences 45,000 Bahamas Petroleum unaffected by Company applies for 2 suspension 12.0 new licences in the Bahamas…
Five Year Share Price Bahamas Petroleum Company begins to attract a number other of well known institutional investors and Bahamas further broadens shareholder base Petroleum Company Bahamas Petroleum Company Bahamas Govt announce…
Licence Application Update - August 31, 2010 Bahamas Petroleum Company News Release 31 August 2010: Bahamas Petroleum Company, the AIM quoted oil and gas exploration company with licences in The Commonwealth of The Bahamas, notes the…
Licence Application Update - August 31, 2010 News Article in The Bahamas Tribune: Govt suspends consideration process for oil exploration August 31, 2010 By TANEKA THOMPSON Tribune Staff Reporter GOVERNMENT has suspended the…
Bahamas Petroleum Company Plc Proposed Seismic Grid Seismic grid plan to be undertaken by Norwegian seismic company SeaBird Exploration (www.sbexp.com). Following various negotiations with other oil companies, it is expected that an…
Cuba Ramps up Exploration Activity World class operators have been attracted to Cuba and The Bahamas In 2005 Repsol, with partners Statoil and India ONGC, drilled a well 60 miles west of Cay Sal bank. The group plans to drill another…
Industrial Port, Grand Bahamas Borco Oil storage terminal at Freeport Industrial Port Tanker off-loading at Freeport Industrial Port is the largest oil storage facility in the Caribbean Tanker off-loading at Freeport Industrial…
Great Isaac Oolite Anhydrite Reservoir Seal Pairs G r e a t Is a a c 1 0 ,3 1 3 OM IG cm 1 mm 10343 OOID GRAINSTONE - PRESERVED INTERGRANULAR (IG) ANHYDRITE SEAL ROCK & LEACHED OOID GRAIN MOLDS (OM) POROSITY NOTE:…
Conclusions of the Report The Bahamas: Petroleum system evaluation and hydrocarbon charge potential A study by: Applied Petroleum Technology (UK) Ltd. (www.aptec.no) Oct 2010 conducted independently for Bahamas Petroleum Company…
Conclusions of the Report The Bahamas: Petroleum system evaluation and hydrocarbon charge potential contd... Manifestation: Live hydrocarbon shows have been encountered during drilling of at least four of the five deep wells drilled in…
Key Conclusions First mover advantage in assembling acreage in The Bahamas Oil province with world-class exploration potential Strategy to use farm-outs and also retain 100% owned acreage Size and scale of the opportunity attractive…
Article: StatoilHydro enters into an agreement to acquire South Riding Point crude oil terminal Published 8 July 2009 StatoilHydro has signed an agreement with World Point Terminals Inc to buy the South Riding Point crude oil storage…
Buckeye Partners, L.P. to acquire 80% interest in marine storage facility for liquid petroleum products in Freeport, Bahamas HOUSTON, December 20, 2010 Buckeye Partners, L.P. (Buckeye) (NYSE: BPL) announced today that it has signed a…
Buckeye Partners, L.P. to acquire 80% interest in marine storage facility for liquid petroleum products in Freeport, Bahamas contd. BORCO has total installed storage capacity of 21.6 million barrels and is prepared to undertake a…
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