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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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More News

17 Sep 2012 09:32

Resources round-up: Falkland Oil and Gas, Bowleven, Solgold

Falkland Oil and Gas said it had discovered gas at its Loligo exploration, but was unable to determine whether the gas had any liquid content. The firm said it would plug and abandon the well in the the East Falkland basin. It added that it would be premature to drill a second well at the current lo

25 Jun 2012 11:26

Broker tips: Carnival, Polymetal, Tower Resources...

Investec has labelled cruise operator Carnival as a 'key sector pick', saying that the recent dip in the share price should be used as a buying opportunity; the target price is lifted from 2,500p to 3,000p. "We advise utilising Friday's drop to invest in our sector key pick, with the group having:

25 Jun 2012 11:23

Broker snap: Jefferies downgrades Tower and Cove

Jefferies has downgraded its ratings for both Tower Resources and Cove Energy as part of its review of the oil and gas exploration and production sector. "We continue to favour E&Ps with high quality exploration with near-term exploration catalysts. We believe oil prices should stabilise as Saudi A

24 May 2012 09:27

Thursday broker round-up - UPDATE

ARM Holdings: Jefferies reiterates buy recommendation and 485p target. ASOS: Investec keeps hold rating and 1,250p target. AstraZeneca: AlphaValue upgrades to BUY from add. Booker: Panmure Gordon upgrades from hold to buy. Bowleven: UBS slashes target from 105p to 70p, neutral rating unchanged.

16 Apr 2012 10:36

Plexus picks up million pound contract

Plexus Holdings (POS), the oil and gas engineering services firm, has secured a contract potentially worth over one million pounds to provide wellhead systems and services to exploration firm Bowleven (BLVN). The firm said the equipment would be used for appraisal activities on two wells, both loca

30 Mar 2012 14:36

Resources round-up: Enegi Oil, Bowleven, Solo

Enegi Oil is nearing completion of the workover on the PAP 1 well, where data has indicated that the well can be flowed on a continuous basis. The firm has also signed an agreement with Advanced Buoy Technology to apply for licenses in the UK North Sea under the 27th Seaward Licensing round organise

26 Mar 2012 10:26

Resource stocks round-up: Stellar, Bowleven, Ithaca ...

West Africa-focused Stellar Diamonds said it had discovered a significant maiden diamond resource at its Tongo Kimberlite Dyke Project in Sierra Leone. The firm said the high diamond grades and values exhibited at its Dyke-1 mine made it one of the highest value kimberlites in terms of dollars per t

29 Feb 2012 09:11

Wednesday broker round-up - UPDATE

ITV: Nomura maintains neutral recommendation and 88p target; Prime Markets gives buy rating and 95p target; Peel Hunt ups target from 83p to 88p, hold rating kept. Standard Chartered: Nomura keeps buy rating and 1,800p target. CRH: UBS ups target from 1,150p to 1,300p, neutral rating kept. Schrod

17 Feb 2012 14:02

Bowleven could be Dragon's new flame

The City's inability to keep a secret was highlighted yet again on Friday morning as Bowleven's share price surged, prompting fellow oil and gas company Dragon Oil to admit it is running the rule over the company. Shares in BowLeven, which has oil and gas assets in West Africa, moved up steadily th

24 Nov 2011 12:59

Broker tips: Weir, Rexam, BowLeven

Peel Hunt has upgraded FTSE 100 industrial engineer Weir from hold to buy following yesterday's acquisition of Seaboard Holdings. Weir, which operates in the oil, gas, power and mineral markets, announced that it would pay $675m for US wellhead specialist Seaboard, a deal which Peel Hunt thinks loo

24 Nov 2011 10:11

Broker snap: Evolution downgrades BowLeven after Sapele-3 results

Evolution Securities has downgraded its rating on West Africa-focused oil and gas exploration group BowLeven from buy to neutral, saying that the latest results from Sapele-3 well "leaves more questions than answers". The firm announced on Thursday that the well, located off the coast of Cameroon,

24 Nov 2011 10:02

Digital Look broker talk

Dixons Retail: "There was an improved sales and gross margin performance in Q2, with encouraging progress on several key financial metrics including net debt, working capital and inventory. These should go some way to allaying fears on the group's financial position, in our view" [Investec]. Pennon

24 Nov 2011 09:48

Thursday broker round-up - UPDATE

Weir: Peel Hunt upgrades from hold to buy, target cut from 2,100p to 2,000p. Weir: Investec maintains buy rating and 2,250p target. Compass: Panmure Gordon raises target from 643p to 658p, buy rating unchanged. Smith & Nephew: Panmure Gordon cuts target from 750p to 640p, buy rating kept. Dixons

24 Nov 2011 08:15

Bowleven makes new discovery off Cameroon Coast

Bowleven, the West Africa focused oil and gas exploration company, says it has found more hydrocarbons at its Sapele-3 well off the coast of Cameroon. This well was aimed at what is called the "Epsilon Complex" an area where Boweleven has already dug three successful wells. The firm claims tests in

3 Nov 2011 09:03

UPDATE: Thursday broker round-up

Tate & Lyle: Panmure Gordon raises target from 615p to 645p, keeps hold rating. Marks&Spencer: Credit Suisse cuts target to 345p from 390p, stays at neutral. Next: UBS ups target from 2,600p to 2,800p, buy recommendation unchanged. St. James's Place: UBS downgrades from buy to neutral, target red

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