Register
Login:
Share:
Email Facebook Twitter




Bowleven Share Chat (BLVN)

BLVN Share Chat - RSS Feed

Share Price: 19.50Bid: 19.50Ask: 19.75Change: 0.25 (+1.30%)Riser - Bowleven
Spread: 0.25Spread as %: 1.28%Open: 19.75High: 19.75Low: 19.50Yesterday’s Close: 19.25


Share Discussion for Bowleven


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

PigeonPie
Posts: 95
Off Topic
Opinion:Strong Buy
Price:27.50
BLVN to drill in North Sea
29 Jul '15
Reports coming in late this evening stating BLVN have bid and won a license to drill in the North Sea. how much did they bid I wonder. huge News maybe RNS in Morning
 
jester16
Posts: 1,794
Off Topic
Opinion:No Opinion
Price:27.50
Seplat
29 Jul '15
Are looking at buying i just wonder if its blvn.....
NT22
Posts: 307
Off Topic
Opinion:Strong Buy
Price:27.50
sp
29 Jul '15
Sell: 26.50pBuy: 27.50p0.50p (1.85%)
more buys than sells but quite a few sells after hours

it seems to me that if there is data on what was found on the first drill this must be known in general terms very quickly. so very odd to delay findings until full evaluation is complete.

afren down 97% maybe to big a reverse buyout - but it would be good if blvn could buy someone with a revenue stream to fund future exploration without having to go to the market again and help the sp if they are not going to buyback any shares!!
mayfair21
Posts: 609
Off Topic
Opinion:No Opinion
Price:27.50
RE: mayfair
29 Jul '15
Talking about VOG and the potential link with BLVN Bomono gas exploration, I note in a video interview the executive chairman of Victoria Oil & Gas Kevin Foo, saying "We now have the financial strength to pursue the next phase of our growth which is to bring more gas online to meet the massive customer demands. We plan to fund this development programme from existing and projected cash flows and local lines of credit. https://www.youtube.com/watch?v=2U0jluLSZO0
Becomingpoor
Posts: 271
Off Topic
Opinion:No Opinion
Price:27.50
Soul destroying
29 Jul '15
Few chunky trades near the end around the 26.5p mark - 100K, 150K etc.

Soul destroying - the odd % down each day!!!!

Praying Etinde does not get delayed as struggling to see much uplift before that unless recent drills surprise everyone - pretty certain KH may have given us a bit more info if they had been top end of scale
mayfair21
Posts: 609
Off Topic
Opinion:No Opinion
Price:26.50
RE: mayfair
29 Jul '15
One of the reasons for the discount the company trades on is the uncertainty about what it will do with its cash pile rather than if its still got it. If BLVN considered buying a bit of production to ensure a more balanced portfolio (like VOG) the share price may be more reflective of its core NAV. If fact you could see BLVN farming out the Bomono wells to VOG if the results are favourable as there are significant synergies.

For me though the cash cow is the other exploration and appraisal on the Etinde block that will add more significant value through its 20% interest and two carried wells.
Rivendell666
Posts: 4,467
Observation
Opinion:No Opinion
Price:26.75
Remember Cameroon.... ??
29 Jul '15
"" If nobody in Cameroon finds new and provable reserves, the dips in price and production could make Cameroon unattractive to foreign investors.

Knowing that diminishing reserves and low prices present an unfavorable long-term outlook for the government's oil revenue, Cameroon and its foreign investors have committed to diversifying its energy sector.""

http://oilprice.com/Energy/Oil-Prices/Cameroon-Ramping-Up-Oil-Production-As-Prices-Moving-Down.html

Even the press has forgotten we've found oil .....
oldtimer
Posts: 3,022
Observation
Opinion:No Opinion
Price:26.00
3cardbrag
29 Jul '15
You have to remember that blvn do not have to pay for the 2 drills, they have been fully paid for by their farm out deal with luke oil.
3cardbrag
Posts: 1,117
Off Topic
Opinion:No Opinion
Price:26.25
mayfair
29 Jul '15
Are u absolutely certain they've still got100m in the bank? From my experience of (to name a few), vog and bmr, cash can diminish very quickly on aim miners and oilies, especially during drilling and exploring stages.
mayfair21
Posts: 609
Off Topic
Opinion:No Opinion
Price:26.25
RE: Greens
29 Jul '15
not really - BLVN is not a E&P in the true sense, it has no production, its just an 'E' exploration and if drilling makes them 100 million in the bank I'll take that and let you m continue to mull over the sausages at your local butchers.

Why are your messages so negative anyway?




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.