no news on these licenses? they need to start upping their game !! the web site needs updating come on BOD and what about gas off take developments sign up a joint development with GE this would negate the reliance on a gas pipeline to capitalise future gas finds.!! I think the stock has bottomed but it needs the BOD to make a difference and move the stock up!!
No-one knows what's happening behind the scenes and when KH pulls off a stunning deal which leverages our cash position .... etc etc ....... then I'll happily eat humble pie with oil sauce.....
But, we are no longer the operator in Etinde and Kenya and Zambia don't xactly seem to be rushing ahead.
So what's on the TTD list.. ?? Liaise with Camop/Luke over Etinde and Bomono.
The latter is the one thing we have under our control and success there might pull the company out of the doldrums but we are where we are with that. It just seems incredible that after 6 months and 125 days in this modern age with logistics/specialists flying around the world 24/7 that .....................
The (heavy) rainy season approaches as well.
Char announced today that CharBod would take a 50% cut in pay due to market conditions. Perhaps BowBod will take a cue from that....??
How embarrassing it must be for BowBod to have it's MCap valued near to it's cash position and all the resources valued at NIL.
How embarrassing for investors that our company can't be oirrrrrrrsed to update it's website which is horrendously out-of-date.....
It seems that it is the season for making changes to the board, albeit in a number of different ways. In Bowleven’s case they are losing two non-execs in the form of Chief Tabetando and General Counsel Peter Wilson and gaining one in the shape of John Martin.
Both of the former stay on with the company in one form or the other and for John Martin this is the second NED he has received in the last week having been appointed Chairman-elect at FOGL recently.
He adds this to being on the board of Total and the WPC so he will soon be busier in retirement than he was when he was at Standard Chartered.
Big Chief falls on his Golden Payoff and will continue to ""Support"" the company.
125 days this year to get the rig working with only SIX month's notice from the FO RNS. Perhaps KH could email Sound Oil and ask them how they managed to spud a mere TEN days after their rig arrived on site.
I'm sure JM is an xcellent BeanCounter and he wouldn't have come on Board a sinking ship. Maybe BowBod needs a heavyweight (with connections) for some M&A activity??
But do we really need another BeanCounter...??
Kerry Crawford .... Finance Director John Brown ...... Finance Director Graham Tod ...... Finance Manager Sandra Redpath ..... Group Finance Controller Hanoz Mirza .... Corporate Accountant & Finance Analyst Suzanne Smith .... Joint Venture Accountant
Do we not need someone with oil under their fingernails...??
Who's gonna get properly SACKED for this Bungle in the Jungle.....??
About John Martin FEI is a Managing Director of the Oil & Gas group of Standard Chartered with responsibility for clients in Europe and Africa. John has 30 years experience in International banking in the Oil & Gas industry and has worked on numerous advisory and financing transactions in several regions throughout the world.
John holds a BBus from Queensland University of Technology and an MBA from Macquarie University, Australia. John is a Fellow of the Energy Institute and also Vice President (Finance) of the World Petroleum Council (WPC) and a Member of the UK National Committee of the WPC
The Company has also appointed John Martin as a Non-Executive Director with effect from today.
John has more than 30 years' experience in international banking in the oil & gas industry and until recently was a Senior Managing Director in the Oil & Gas group at Standard Chartered Bank.
Prior to joining Standard Chartered in 2007, John worked for ABN Amro for 26 years, specialising in the Oil & Gas sector. He is currently a Non-Executive Director and Chairman of the Audit Committee of Total E&P UK Limited and is also Senior Vice President of the World Petroleum Council. John will join the Company's audit, nomination and remuneration committees.
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