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BPC among most followed stories

Bahamas Petroleum Co was mentioned in the Proactive Investors UK's Most Followed report on Monday. The report is a summary of the most interesting corporate stories of the day, including the most popular stock exchange statements, the hottest topics on message boards, the biggest movers of the day, as well as rumours and speculation. 

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Date:
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Proactive Investors
Tuesday, August 6, 2013
Tuesday, August 6, 2013

One of the most popular regulatory stories was Bahamas Petroleum (LON:BPC), which said that the political uncertainty over exploration around the sunshine islands is dissipating.

In its results statement for the six months to June 30, the AIM listed group said it now has a “clear mandate” to proceed with exploration of its licences with an obligation to drill its first well by April 2015. A second will commence by April 2017.

This follows a decision by the government to defer a referendum on future oil development until after the exploration phase is completed and only once commercial reserves have been established.

This is an excerpt from Proactive Investors as it appeared on August 6, 2013. For updates or to read the current version of this post in its entirety, please click here.

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Minister of Tourism Obie Wilchombe has announced that the ministry will undergo a major re-structuring aimed at developing different markets. Watch a ZNS Network news report here.

Provider of turnkey sports betting solutions, SBTech, has penetrated the US market thanks to an exclusive deal with Genting Alderney, a subsidiary company of Genting International, that will see them provide the group with a sports betting solution for its new project, Bimini SuperFast Ferry.

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