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Share Price Information for Bowleven (BLVN)
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Share Price:
0.20
Bid:
0.15
Ask:
0.25
Change:
0.00 (0.00%)
Spread:
0.10 (66.667%)
Open:
0.20
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Don't have an account? Click here to register.Broker snap: Matrix pleased with Bowleven's test results
Thu, 09th Jun 2011 12:58
Matrix has said that the Bowleven's test results for the Sapele-1ST (side-track) well were better than expected in light of pre-test expectations, and maintains its 'buy' rating and 390p target price.The well, located in the Douala Basin, offshore Cameroon, was drilled to a true vertical depth of 3,634m in water depths of around 24m, and the interval flowed at a stabilised rate of 2,023 barrels of oil per day. The group said that high quality oil was produced at 39.2 degree API (measure for the relative density of petroleum liquids), similar to that encountered at the original Sapele-1 well. "Considering the way the reservoir interval was presented post drilling and the market view of it, this is a good result, we believe," said analyst Charlie Sharp.---BC
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Bowleven receives approval from Cameroon government for the farm-out of equity interest in the Etinde
Oil and gas producer Bowleven said it has received approval for the farm-out of equity interest in the Etinde prospect from the Cameroon government. The Africa-focused firm also added that it has signed a deal for a two-well exploration programme at Bonomo and that the Cameroon government has given
Read more26 Aug 2014 14:54
Bowleven extends farm-out long-stop date by two months
AIM-listed oil and gas group Bowleven has extended its completion date of the Lukoil/NewAge Etinde farm-out agreement by two months to 31 October, enabling a few remaining conditions to be satisfied. The main condition that still needs to be met is the approval by the Cameroon government of the tr
Read more1 Aug 2014 09:09
BUZZ-CS beams up a Scottish basket
** Credit Suisse has created a tradeable basket of stocks designed to provide an instrument to hedge any volatility of turn in sentiment in the run up to the Scottish referendum. ** Based on an index of 100 stocks put together by Paul Marsh of the London Business School and Scott Evans of W
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