A commercially viable oil find could transform the Bahamian economy. All around other Caribbean countries are exploring/producing oil- Do you really want to sit and watch? Revenue used wisely can promote green energy usage, education and better health care for generations. Stop moaning and take advantage of BPC and it's investors who will be paying all the costs!
A commercially viable oil find could transform the Bahamian economy. All around other Caribbean countries are exploring/producing oil- Do you really want to sit and watch? Revenue used wisely can promote green energy usage, education and better health care for generations. Stop moaning and take advantage of BPC and it's investors who will be paying all the costs!
Good news for the Bahamas. If commercially viable oil is found and the Sovereign Wealth Fund uses the proceeds correctly it could benefit the population for generations.
Now here's a thought- Why not drill for oil and gas? Bahamas Petroleum have done all the legwork, get behind them and you might be self reliant for all your energy needs!
laallee says...
Kathy,
Are you walking/swimming to The Bahamas?
On Keep big oil out of The Bahamas
Posted 30 December 2020, 8:43 a.m. Suggest removal
laallee says...
Sovereign Wealth Act-
https://eh.gov.bs/wp-content/uploads/20…
Petroleum Act-
https://eh.gov.bs/wp-content/uploads/20…
Thank you and keep safe.
On Lulled into a false sense of security
Posted 29 May 2020, 5:26 p.m. Suggest removal
laallee says...
Ricardo.
Please do a little more research and your missive may be worth reading.
Let me put you straight on a few points.
Licence fees- BPC were prevented by the government from drilling for a few years hence less fees to pay.
Investment by BPC- million $$$ on surveys, reports and pre drill expenses etc The private investor is responsible for 90% of that.
Profits from BPC- Have you bothered to look at the royalty fees the Govermnent have in place and read the details of the Sovereign Wealth Act?
Drilling in October- Try December 15th onwards.
All this is available to read on BPCs website.
Such a shame you choose to be - in your words "duped" by your own false information.
Take care and have a good weekend.
On Lulled into a false sense of security
Posted 29 May 2020, 7 a.m. Suggest removal
laallee says...
A commercially viable oil find could transform the Bahamian economy. All around other Caribbean countries are exploring/producing oil- Do you really want to sit and watch? Revenue used wisely can promote green energy usage, education and better health care for generations. Stop moaning and take advantage of BPC and it's investors who will be paying all the costs!
On Oil drilling is 'reckless response' to debt woe
Posted 29 February 2020, 6:07 a.m. Suggest removal
laallee says...
A commercially viable oil find could transform the Bahamian economy. All around other Caribbean countries are exploring/producing oil- Do you really want to sit and watch?
Revenue used wisely can promote green energy usage, education and better health care for generations.
Stop moaning and take advantage of BPC and it's investors who will be paying all the costs!
On Environmental nod 'huge milestone' for oil explorer
Posted 29 February 2020, 6:05 a.m. Suggest removal
laallee says...
All royalty figures and terms are on bpc website.
On DRILLING ON OFFSHORE PLATFORM IMMINENT
Posted 3 February 2020, 12:10 p.m. Suggest removal
laallee says...
Balanced article and good reading. Thank you.
On BUSINESS BITES: Unlike other half-baked oil projects, I hope this one succeeds - for all our sakes
Posted 15 November 2019, 2:52 a.m. Suggest removal
laallee says...
Good news for the Bahamas. If commercially viable oil is found and the Sovereign Wealth Fund uses the proceeds correctly it could benefit the population for generations.
On Oil explorer in 2020 first half well drill goal
Posted 23 August 2019, 7:14 a.m. Suggest removal
laallee says...
Fantastic balanced article, thank you.
On BUSINESS BITES: Say 'Yes' to Bahamas oil drilling
Posted 24 May 2018, 2:27 a.m. Suggest removal
laallee says...
Now here's a thought-
Why not drill for oil and gas?
Bahamas Petroleum have done all the legwork, get behind them and you might be self reliant for all your energy needs!
On Fuel bills set to soar
Posted 22 May 2018, 11:10 a.m. Suggest removal