An independent oil and gas exploration and production company. Their main projects are based with in Africa and the FSU. Their biggest producing asset (as of the beginning of 2012) is Logababa which is in Cameroon.
The idea of Bowleven launching a share buy back to warn off an unwelcome suitor is very interesting and IMO plausible.
I hadn't considered it, offers an explanation to an action which quite honestly surprised me, share buybacks tend to be structured so as not to drive up the SP for obvious reasons, rather take advantage of weakness (remaining shareholders get a bit upset later when some people have waltzed off with what they see as their cash and the SP fells). But you are right there are… Read More
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