OIL EXPLORER UNVEILS 'BAHAMIANISE' PLAN

Wed, Nov 30th 2011, 10:00 PM

By NEIL HARTNELL

Tribune Business Editor

A BAHAMAS-based oil exploration company's Environmental Impact Assessment (EIA) is expected to be released for public consultation on January 23 next year, the company also unveiling plans to "Bahamianise" through local directors and a BISX listing.

Simon Potter, the Bahamas Petroleum Company's (BPC) chief executive, in an investor presentation last month, disclosed that the company, which currently uses London's Alternative Investment Market (AIM) for its 'main board' listing, was exploring various options for some kind of dual listing on the Bahamas International Securities Exchange (BISX).

He added that one of the poss ...

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