Bahamas Petroleum Company PLC's (LON:BPC) Eytan Uliel speaks to Proactive London's Andrew Scott after inking a rig contract for its Perseverance-1 exploration well which is slated to start potentially as early as the fourth quarter.
The contract commits Stena Drilling to provide a state of the art, sixth generation drilling rig and associated equipment and services.
The well was delayed recently as a result of the coronavirus (COVID-19) pandemic.