Further to BPC's recent announcements in relation to the Court process in The Bahamas, on 22 January 2021 The Honourable Justice Petra Hanna-Adderley provided her ruling on the subject of BPC being added as a primary respondent to the application brought by environmental groups against the Government of The Bahamas, seeking a judicial review of various decisions taken by the Government in relation to BPC's licences and the drilling of the Perseverance #1 well.

In summary, the Honourable Justice Petra Hanna-Adderley has exercised her discretion to add BPC as a respondent to the application. Consequent on this, BPC is entitled to request that the applicants provide security for costs, for which purpose a hearing has been scheduled for 17 February 2021.

At the same time, the Honourable Justice Petra Hanna-Adderley provided a number of procedural rulings and guidance in relation to the judicial review application. This included establishing the dates on which the Court will hear the judicial review application, which will be 29 and 30 March 2021, with a ruling to follow at some point thereafter.

Drilling of the Perseverance #1 exploration well in The Bahamas has been underway since 20 December 2020 (consistent with previous announcements prior to Christmas 2020). The well remains on track to take 45 - 60 days from commencement to complete.

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