Bowleven reports $2m loss as it looks to shore up funding
10th Nov 2023 11:58
(Sharecast News) - Africa-focused oil and gas exploration group Bowleven reported a loss of $2m in its full-year results on Friday.
Read moreBowleven narrows losses as it works towards final investment decision
10th Nov 2021 09:31
(Sharecast News) - Africa-focussed oil and gas exploration company Bowleven reported a loss of $1.98m (£1.47m) in its full-year results on Wednesday, narrowing from $2.63m year-on-year.
Read moreBowleven shares surge as it announces £50m special dividend
7th Jan 2019 10:59
(Sharecast News) - Africa-focused oil and gas company Bowleven has announced a £50m special dividend.
Read moreBowleven boosted by spud of new well in Cameroon
31st Aug 2018 16:16
(Sharecast News) - Africa-focused oil and gas company Bowleven saw its shares jump on Friday after the spud of the IE-4 appraisal well at the Etinde block, Cameroon, by the block's operator, New Age Cameroon Offshore Petroleum.
Read moreBowleven tells shareholders to vote against 'defective' COC takeover
8th Feb 2017 14:15
(ShareCast News) - Bowleven updated the market on Wednesday, saying that following the requisition of a general meeting on 24 January, Monaco-based private investment vehicle Crown Ocean Capital had continued to purchase Bowleven stock. The AIM-traded firm said in view of that, and ahead of the more
Read moreBowLeven applies for listing of options shares
3rd Feb 2017 15:06
(ShareCast News) - BowLeven announced on Friday that application had been made for 120,000 new ordinary shares of 10p each in the company to be admitted to trading on AIM. The firm said it expected that admission of the ordinary shares would become effective on 7 February. "These ordinary shares ar
Read moreBowleven widens losses as it continues hunt for income
8th Nov 2016 14:23
(ShareCast News) - Africa focused oil and gas exploration group Bowleven posted its preliminary results for the year to 30 June on Tuesday, in another year of nil revenue, though operating expenses were lower at $9.1m compared with $11.87m a year earlier. The AIM-traded company reported an operating
Read moreBarclays names Ophir Energy 'top-pick', upgrades Premier Oil
21st Jun 2016 14:46
(ShareCast News) - Analysts at Barclays re-jigged their recommendations on European Exploration and Production companies in order to take into account the recent rise in crude oil prices and improved investor sentiment regarding companies´ ability to execute to plan operationally. In the process
Read moreWednesday newspaper share tips: AA, Bowleven
6th Apr 2016 18:18
(ShareCast News) - AA is a steady business at the core, but its previous private equity owners left it under a pile of debt - so it remains a high-risk option - The Daily Telegraph's Questor said. The roadside recovery group can rely into a steady stream of annuity-like revenue streams from motorist
Read moreBowleven pleased with gas test results at Bomono Permit
8th Jan 2016 12:20
(ShareCast News) - Bowleven was pressing on with development of its activities at the onshore Bomono Permit in Cameroon this week, after positive results from its most recest testing. The AIM-listed oil and gas exploration group, focused on operations in Africa, said an extended flow testing program
Read moreBowleven starts drilling at Moambe well onshore Cameroon
19th Aug 2015 14:38
(ShareCast News) - AIM-listed oil and gas exploration group Bowleven said drilling operations have begun on the Moambe exploration well onshore Cameroon. The Moambe well is the second in a two-well programme located just over two kilometres east of the first well, Zingana, and will be drilled to an
Read moreSector movers: Tax break hopes drive energy stocks higher ahead of UK Budget
17th Mar 2015 14:42
Hopes about tax breaks in the North Sea energy industry were providing stocks in the oil producing and services industry with a much-needed boost on Tuesday, even as the price of crude continued to tumble. Danny Alexander, chief secretary to the Treasury, signalled that North Sea oil and gas produce
Read moreBowleven completes Etinde farm-out, planning for appraisal wells underway
17th Mar 2015 09:49
AIM-listed oil and gas explorer Bowleven has completed the farm-out of its Etinde permit in Cameroon for an initial $165m cash. The operatorship of Etinde has transferred to Africa-focused NewAge, which has bought a 10% stake in the project, with Russia's Lukoil buying 30% and Bowleven retaining a 2
Read moreBowleven jumps after $250m Etinde project gets approval
24th Feb 2015 12:39
Exploration and development group Bowleven has said the approval from the President of Cameroon for its proposed deal to sell a stake in its Etinde project to LUKOIL and NewAge has now been formalised. In June, the Africa-focused company reached a $250m (£162m) deal with LUKOIL, which would see LUKO
Read moreLondon close: Santa Rally continues as UK stocks rise for sixth straight day
23rd Dec 2014 16:51
UK stocks rose again on Tuesday as the Santa Rally continued into its sixth straight day, with markets boosted by some upbeat economic data from the States. Third-quarter US annualised gross domestic product (GDP) growth was revised to 5% from an initial estimate of 3.9%, representing the strongest
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