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Bahamian wells lie in a narrow strip across the Old Bahama Channel from Cuba.

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BUSINESS BITES: Say 'Yes' to Bahamas oil drilling

No sooner had Simon Potter, CEO of Nassau-based Bahamas Petroleum Company (BPC), announced an international oil company had signed a 90-day renewable option to become a farm-out partner with BPC, than our environmental activists predictably denounced the deal — indeed, the very concept of drilling for oil in Bahamian waters.

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