Bahamas Petroleum Company plc is engaged in the oil and gas exploration in the commonwealth of the Bahamas. The Company�s portfolio consists of five petroleum exploration licences covering 15,676 square kilometers (3,873,546 acres) in the territorial waters and maritime Exclusive Economic Zone (EEZ) of The Commonwealth of The Bahamas. Its subsidiaries include BPC Jersey Limited, BPC (Falklands) Limited, BPC (Donaldson) Limited, BPC (Eneas) Limited, Bahamas Offshore Petroleum Ltd, Island Offshore Petroleum Ltd and Sargasso Petroleum Ltd. In January 2011, it acquired 1,120 kilometer of two-dimensional seismic over the southern licence areas. In September 2011, it acquired 3,075 square kilometer of three-dimensional seismic over the southern licence areas. On January 6, 2011, the Company acquired 100% of the issued share capital of BPC (Bain) Limited, BPC (Cooper) Limited, BPC (Donaldson) Limited and BPC (Eneas) Limited.