The most worrisome part of this is that the company, a certain Bahamas Petroleum Company, has very little cash. In the event of a problem there may be no company left to sue, no monies from lawsuits. Insurance would pay out to cover clean up but that is all. All of the potential losses of the people of the Bahamas, there could be no company left to take legal action against in the same way BP are paying to the USA for the Deepwater Horizon accident. If they want to stop the drilling these organisations should to go after the source of funds. Companies in Australia are key to lending money later this year and next to Bahamas Petroleum Company to pay for drilling. Those against drilling should perhaps put pressure on Bizzell Capital Partners Pty Ltd and MH Carnegie & Co Pty Ltd to not provide any funds to Bahamas Petroleum Company and therefore stop the drilling.
JohnJames says...
All the yes votes coming from the UK ? BPC shareholders ?
I hope the Tribune will investigate and expose all the IP address of the Yes votes.
On Are you in favour of BPC’s exploratory oil drilling?
Posted 1 January 2021, 9:06 a.m. Suggest removal
JohnJames says...
The most worrisome part of this is that the company, a certain Bahamas Petroleum Company, has very little cash. In the event of a problem there may be no company left to sue, no monies from lawsuits. Insurance would pay out to cover clean up but that is all. All of the potential losses of the people of the Bahamas, there could be no company left to take legal action against in the same way BP are paying to the USA for the Deepwater Horizon accident. If they want to stop the drilling these organisations should to go after the source of funds. Companies in Australia are key to lending money later this year and next to Bahamas Petroleum Company to pay for drilling. Those against drilling should perhaps put pressure on Bizzell Capital Partners Pty Ltd and MH Carnegie & Co Pty Ltd to not provide any funds to Bahamas Petroleum Company and therefore stop the drilling.
On Oil opponents to Gov't: 'Come to your senses'
Posted 13 November 2020, 2:48 a.m. Suggest removal