Bahamas Issues Response Regarding Perseverance Well

BPC, the Caribbean and Atlantic margin focused oil and gas company, with exploration, production, appraisal and development assets across the region, notes media speculation in The Bahamas to the effect that a number of environmental activists have filed an application in the Supreme Court of The Bahamas for leave to bring judicial review proceedings against the Government of The Bahamas, in relation to the Government's decision to approve the drilling of the Perseverance #1 well.

Apart from this media speculation, BPC presently has no further knowledge in relation to this matter: BPC has not been served, and is not aware that the Government of The Bahamas has been served. BPC will continue to monitor the situation closely and will make a further announcement as and when it becomes aware of any material developments.