bpc press release
TRANSCRIPT
7/29/2019 BPC Press Release
http://slidepdf.com/reader/full/bpc-press-release 1/2
SERENA WILLIAMS... MEDIA & PUBLIC RELATIONS
Hampshire Street Cable Beach P.O. Box CB-13936 Nassau The Bahamas
Tel. (242) 327 7760 Mobile (242) 557 5570 SKYPE: Serena.Bahamas1
Statement from Mr. Simon PotterCEO, Bahamas Petroleum Company
For Immediate Release: 10 March 2013www.bpcplc.com
Contact: Simon Potter: (242) 362-5120; (242) 357-5860Contact: Serena Williams (242) 557-5570
NASSAU, The Bahamas (10 March 2013) – Simon Potter, CEO of Bahamas Petroleum Company
PLC, issued the following statement this afternoon from the company’s offices in New Providence
subsequent to an announcement by the Hon. Kenred Dorsett, Minister of Environment and Housing,
regarding the future conduct and consideration of offshore oil exploration in The Bahamas:
“We very much welcome today’s statement from the Honourable Minister for the Environment, andare pleased to be in a position to help gather and report back additional data characterizing the
offshore resource potential for our licence areas bounding the Cuban border.
“As the Minister noted, exploration activities have already commenced in the region and in fact are
well underway just on the other side of the country’s maritime boundary with Cuba. Today’s
announcement clears the way for a thorough assessment to be conducted on the potential for oil on
the Bahamian side of the border.
“Needless to say, a successful discovery offshore has the potential to generate significant value for
the country and enormous long-term benefits for the Bahamian people. But while the public weighs
those potential opportunities, it also has a right to know that proper care will be taken, sensible
investments will be made, and the best and most suitable technology will be brought to bear to ensure
that any activities conducted offshore are executed safely, and in a manner that both preserves and
protects the environment for generations to come. Many other nations in the region have successfully
balanced both the challenges and opportunities inherent in such activities, as can The Bahamas.
“Over the next several months, our plan is to demonstrate in a straightforward and transparent way
how exploration plans will be implemented and strengthened. We anticipate it will take at least a year
to appropriately plan any drilling activities.
“With today’s announcement, we have been granted the opportunity to do precisely that. And for that
opportunity, we are genuinely excited.”
--end--
7/29/2019 BPC Press Release
http://slidepdf.com/reader/full/bpc-press-release 2/2
SERENA WILLIAMS... MEDIA & PUBLIC RELATIONS
Hampshire Street Cable Beach P.O. Box CB-13936 Nassau The Bahamas
Tel. (242) 327 7760 Mobile (242) 557 5570 SKYPE: Serena.Bahamas1