Bahamas Petroleum Company Plc

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Published on 9/6/2020

Interest in Uruguay is picking up again

Interest in Uruguay is picking up again – BPC bid for the OFF 1 block, following offers for OFF-2 and OFF-3 from in 2019. If all contracts are executed, all shallow-water acreage will be fully licensed. Uruguay’s offshore is frontier, with only three wells drilled. Most recently was ‘s Raya-1 dry hole in the deep waters.

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