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ANTI-BAGHOLDER

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Re: skichic post# 115248

Thursday, 11/11/2021 2:38:24 PM

Thursday, November 11, 2021 2:38:24 PM

Post# of 127607
Story is really starting to unfold here. Funding from CGRA, and operating partner Stallion Energy Group.

BPC, as the company was named at the time, in February 2021 said that the Perseverance #1 well, the first drilled offshore the Bahamas, had encountered oil, however, not in commercial volumes.
The company had targeted P50 prospective oil resources of 0.77 billion barrels, with an upside of 1.44 billion barrels, at the well. It used the Stena IceMAX drillship for the operation.
The farm-out is seeking to introduce funding and operating partner for the next stage of exploration activity in The Bahamas.


https://www.oedigital.com/news/489893-challenger-energy-believes-in-the-bahamas-offshore-potential-despite-dry-well-seeks-partner-license-extension
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