Source: Date: Updated: |
TheBahamasInvestor.com
Thursday, January 20, 2011 Thursday, January 20, 2011 |
A petroleum company remains confident that The Bahamas could prove to be an untapped well for oil and gas discoveries, although decades of sporadic explorations have met with negligible success.
“The potential for supergiant fields is present, possibly half a billion barrel fields and greater,” says Dr Paul Crevello, Bahamas Petroleum Company Plc (BPC) chief operating officer.