(Reuters) - Bahamas Petroleum Company Plc said its oil drilling permits were renewed by the newly elected government of Bahamas, ending months of speculation that they would not be extended.
The company, whose portfolio comprises five exploration licences in the Bahamas, has been dogged by uncertainty over the renewal of it licences as politicians in the region use oil exploration as a rallying point.
The licenses expired in April amid media reports that they would not be
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