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Bowleven Share Chat (BLVN)



Share Price: 24.75Bid: 24.75Ask: 25.25Change: 0.25 (+1.02%)Riser - Bowleven
Spread: 0.50Spread as %: 2.02%Open: 24.00High: 26.00Low: 24.00Yesterday’s Close: 24.50



Share Discussion for Bowleven (BLVN)


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micksnags1
Posts: 321
Off Topic
Opinion:No Opinion
Price:27.75
View Thread (7)
rns
24 Jul '15
have to agree that it was rather a monotone statement. didn`t even try to whet anyones appetite. hmmmm
 
BigBear2
Posts: 1,638
Off Topic
Opinion:No Opinion
Price:27.75
View Thread (2)
RE: RNS
24 Jul '15
Strange one BLVN usually announce a formal discovery RNS...??
birdinthehand
Posts: 1,635
Off Topic
Opinion:No Opinion
Price:27.75
the gist
24 Jul '15
Bomono Drilling Update

Zingana exploration well, Bomono Permit, Cameroon

Highlights

-- Zingana has been drilled to a TD of 1,720m MD; pre-drill well objectives achieved.
-- Wireline logging has been completed and the logs are being evaluated.
-- Hydrocarbons were encountered in target reservoirs.
-- The Zingana well is being suspended as planned to enable future re-entry.
-- Rig now moving to drill second location, Moambe.

Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce that Zingana, the first well in a two exploration well programme, has been drilled to its planned total depth (TD) and logged. Hydrocarbons were encountered in the prognosed Paleocene (Tertiary) aged reservoir intervals and detailed log evaluation is being undertaken. The rig will now be moved to the Moambe well location as planned. Moambe, located just over two kilometres east of Zingana, is a previously undrilled Paleocene (Tertiary) aged robust three-way dip closed fault block. As previously outlined, the intention is to drill, log and evaluate both wells prior to determining any testing plan.

Further update announcements will be made in due course, as appropriate.

Kevin Hart, Chief Executive, said:

"We are encouraged by the well results to date at Zingana. The evaluation of log and well data acquired at Zingana is continuing and we are now looking forward to drilling the second exploration well in the programme, Moambe."
Just_Banter
Posts: 57
Off Topic
Opinion:No Opinion
Price:27.75
View Thread (2)
RNS
24 Jul '15
Seems a bit downbeat that RNS
birdinthehand
Posts: 1,635
Off Topic
Opinion:No Opinion
Price:27.75
rns
24 Jul '15
hydrocarbons encountered.
neilmac202
Posts: 414
Observation
Opinion:No Opinion
Price:27.75
View Thread (7)
RE: drjenner posted on CAZA earlier
23 Jul '15
Looking at the intraday for ROSE I bet he is also down a few % ...."Dumped" sums up his investment!!!!

Fingers crossed he will keep well away from here from now on (I have a feeling that he really believes Chris 2 is ChrisOil and for that reason alone believes anything Chris2 spouts off)

Interesting few days ahead...Fingers crossed it's good news and not the top-drive has given up the ghost!
marthasson
Posts: 4,769
Off Topic
Opinion:No Opinion
Price:27.75
tunggie
23 Jul '15
lucky old caz bb.......at least they don't have to put up with that pessimistic wally anymore !!.......hahaha
tunggie
Posts: 426
Off Topic
Opinion:No Opinion
Price:27.75
View Thread (7)
drjenner posted on CAZA earlier
23 Jul '15
"CAZARE: DrJennerToday 15:55"

"Thanks for your responses. I'm afraid I decided to cut my losses and sell after the SP drop earlier. Dumped the money into ROSE, there are some interesting rumours over there which if correct could make the company. Good luck to you all."
Marthasson, IndridCold, please try not to laugh, but if you look back on some of his post on blvn and caza, hahaha.....just can't help it!
oldtimer
Posts: 2,782
Observation
Opinion:No Opinion
Price:28.25
up-side
23 Jul '15
Let's just get rid of all this talk of 18-22p, we all know this has great up-side to the sp with £100m in the bank and drill results about to be announced, if it's gas then there could be a deal with vog, if it's oil then who knows what will happen so the sp could get to 80p + by end September.
BLVN could also announce they are buying control of vog say 51% for up to £55m from cash in the bank, that would give them G/Teed gas sales to power plants and a cash cow for up to £50m + in sales a year. This share now has only 1 way to go and that's up.
bankster
Posts: 304
Off Topic
Opinion:No Opinion
Price:27.75
Upside
23 Jul '15
Anything under 28p and this share is good value in my book - lots to look forward to including the forthcoming drill result. BLVN are in a very good place to exploit their balance sheet strength that makes them particularly attractive for investors looking for value - especially in the beaten up O&G sector. In time the sector will recover. I'm holding 775k shares. Good luck to all the team here!





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