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Bahamas Petroleum says Supreme Court hearing over Perseverance #1 well has been delayed


Bahamas Petroleum Company PLC (LON:BPC) said following its announcement on December 29 that the Supreme Court of The Bahamas had rejected a request to halt drilling activities at the Perseverance #1 well, a hearing of the court for a renewed application for judicial review of the well’s environmental authorisation has been delayed to December 30 from its original date of December 29.

In addition to those matters to be addressed at this hearing, the AIM-listed firm said the lawyers acting for the applicants have also sought leave to amend their application to add the Town Planning Committee as a further respondent, and this additional application will also be considered at the rescheduled hearing.

READ: Bahamas Petroleum to carry on drilling after court decision

The company said it will provide a further update following the hearing on Wednesday.

Shares in Bahamas Petroleum rose 0.4% to 2.3p in early deals.

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