BPC, the Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development, and exploration assets across the region, provides the following update on the drilling of its

BPC, the Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development and exploration assets across the region, is pleased to provide the following update on its

BPC, the Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development and exploration assets across the region, is pleased to provide an update on its operations

Update on Court Process in The Bahamas – Drilling of Perseverance #1 to continue

Further to BPC’s announcements of 29 December 2020 and 30 December 2020, a hearing of the Supreme Court of The Bahamas was held on 30 December 2020.

· An Application to the Supreme Court of the Bahamas (“Court”) for leave to apply for a Judicial Review, brought against the Government of The Bahamas in respect of the

· Drilling of the Perseverance #1 well has commenced. The well was ‘spud’ on 20 December 2020, at 06.30 EST. The well is anticipated to take 45 – 60 days