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Oilman Jim's Private Blog


Bahamas Petroleum Company - Bahamian Mutual Fund Update

On 6 January 2020, the Company advised of the launch of a Bahamian incorporated mutual fund (the "Fund"), established for the purposes of enabling qualified Bahamian investors to share in the outcome of the Company's project to explore for hydrocarbons in The Bahamas, should they so wish. The fund is being managed by Leno Corporate Services Limited ("Leno") under the terms of the Fund Investment Memorandum. A copy of the Fund Investment Memorandum can be found on Leno's website at

At the request of Leno, an administrative extension of the initial subscription period of 3 days has been implemented which will now end at 17:00 EST on Wednesday 12th February 2020.

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