Company
BowLeven PLC
LON:BLVN
Bowleven plc is an independent exploration and development company focused on Africa. The Group currently has interests in Cameroon, Kenya and Zambia. In Cameroon, the Group has interests in the offshore shallow water Etinde Permit, where plans for a staged development of the liquids-rich discoveries on the acreage are advancing, and the onshore Bomono Permit, where exploration drilling is planned. Elsewhere, early stage exploration activities are underway in Kenya and the Group has been awarded exploration blocks in Zambia.
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Bowleven unaware of reason for share price spike
The oiler's share price jumped to 1.75p from 1.05p on Thursday
Bowleven needs to raise funds as cash levels run low
Shares in the oil and gas exploration group crashed 42% lower after it warned it could run out of cash by the end of 2023
Archive
Photo-Me lifts forecasts after strong start to the year
A look at the major movers on the London market on Tuesday
Bowleven soars as Perenco moves to replace New Age in Etinde joint venture
"We look forward to engaging with Perenco and we will update shareholders in relation to Etinde developments in due course," said Eli Chahin, the CEO of Bowleven
Bowleven still aims for Etinde investment decision in 2020
"Our focus in 2020 will be to work with all of our stakeholders to ensure FID is underpinned by a compelling development plan, which is suitably robust to secure future capex funding during the financial year,” said Eli Chahin.
Bowleven investors set for £50mln windfall
The activist fund that led a management overhaul will receive £14.5mln
Investments and investor services
FTSE 100 closes lower after struggling to gain ground all day
The FTSE 250 on the other hand, a better gauge of UK companies, added over 180 points at 17,976
Bowleven looks forward to new drilling as rig arrives offshore Cameroon
A drill rig will shortly kick off a two-well programme to add reserves and better define the field
Proactive Oil & Gas highlights: Cabot Energy, Egdon Resources, Echo Energy, SDX Energy, LEKOIL, Victoria Oil & Gas
It was a shorter, quieter week but there were still highlights in the small cap oil and gas sector
Archive
Proactive news snapshot: Active Energy Group , Midatech Pharma, WYG …
A glance at some of the day's highlights from the Proactive Investors newswire
TomCo dives as chief executive hands in his notice
Some of the main news-driven risers and fallers in London on Tuesday…
Victoria Oil & Gas continues negotiations with Bowleven over Bomono project
“Bowleven and VOG are working with the Government of Cameroon to advance the Bomono project,” the company said in a statement
FTSE 100 closes in red as UK manufacturing growth slows more than expected
The FTSE 100 gave up some of the gains made on its recent record-breaking run, with the pound's rise partially to blame
VOG results show 11% rise in gas production, attentions on new Logbaba successes
“The developments at Logbaba are very encouraging as we take the first steps towards our longer-term ambition of producing 100mmscf/d,” said chief executive Ahmet Dik.
Victoria Oil & Gas extends deadline for proposed Bowleven tie-up
The Cameroon-focussed gas firm now has until 31 December to conclude the proposed partnership deal, which would see it take a stake in the Bomono exploration project
BowLeven's chairman Billy Allan walks the plank
Allan will be replaced by Christopher Ashworth, one of the non-executive directors parachuted on to the board by dissident shareholder Crown Ocean last week