Member Info for Rivendell666

""""There will be an uptick in the number and capacity of LNG projects sanctioned in 2018, as improving market conditions, tighter fiscal management and the need to invest to meet long term demand support final investment decisions. """ http://www.rigzone.com/news/report_lng_project_sanction_uptick_in_2018-5-dec-2017-152671-article/?utm_campaign=DAILY_2017_12_06&utm_source=GLOBAL_ENG&utm_medium=EM_NW_F1

http://gcaptain.com/plan-underway-subdue-russian-gas-german-lng-terminal/ Why not get some from Cameroon ......... ( Free fertiliser with every tanker...)

https://www.journalducameroun.com/en/falling-oil-production-shrink-cameroons-gdp-growth/ C'mon Biya. Etinde will give you the resources Cameroon desperately needs (and enough electricity to power Chantal's hair driers)

Many thanks.

Anyone know where and when the AGM is on the 13th ?? Ta

Nothin' gonna happen until he (and his cronies) exdigitate......... One of these decades................

Fake News!!! Did you read the RNS.....??? """he Director subsequently instructed to sell only such number of the Shares as was necessary to account for tax payable on the vesting of the Award. Following the vesting and sale, the beneficial interests of the Director in the Shares of the Company are set out below. Previous Shareholding 379,753 Current Shareholding 664,695 http://www.investegate.co.uk/bowleven-plc--blvn-/rns/director-s-interests/201706211637307992I/

We have $80-90M in the bank (always happy to be corrected to the right figure) and with a free carry (up to $40m) for the appraisal wells. With cash in the bank it's always easrier to get RBL than have to go to Darwin or Macquarie for horrible dilutive loans. If you don't want to get depressed over our prospects why do you post here as you sold your shares in the low teens. I know 88's had a down day but not as bad as some others. Chin up.....

How can LTH's be sunk. ??? We are valued at about cash in the bank and our asset is valued at Zero. It would take criminality to fritter away the cash. All we have to do is wait for Biya to decide that a simplified production system (which is practical) is better that a complex one which is not. Once he decides to get the show on the road then we'll double /treble (and maybe more) with that news. Honest....

Sometimes waiting for someone to die doesn't work out ...... http://www.nytimes.com/1995/12/29/world/a-120-year-lease-on-life-outlasts-apartment-heir.html

Yes we're still in the same boat awaiting SNH to exdigitate. No one was censured for the Bomono fiasco , although we are meant to be in litigation with the parent party of the rig provider. Our gravy loving bod were replaced with another gravy loving bod. 10000000 free shares for Eli with NO targets to be met. Grrrrrrrrr...

The farm-out transaction comprised the sale of 30% and 10% interests in the Etinde Permit to LUKOIL and NewAge, respectively, in return for a total consideration of approximately $250 million. In addition to the $165 million initial cash proceeds Bowleven will receive the following: An estimated $5 million cash to follow for working capital; Up to $40 million (net) carry for two Etinde appraisal wells, including testing; $15 million cash to be received on completion of appraisal drilling; and $25 million cash contingent upon and to be received at Etinde development project FID. http://www.investegate.co.uk/bowleven-plc--blvn-/rns/etinde-farm-out-completed--165m-cash-received/201503170700235915H/ Although NA may show 2018 for planning FID until SNH decides to co-operate they might as well put ""anyone's guess"" One of these decades ..............

I'm in no position to set homework. My record here and XEL NEW TPET is horrendous, although 88 may soon be my lucky number. You missed out any mention of our asset ... Etinde which is a huge HC field. The oil cannot be accessed at present because of the gas and flaring is not allowed in Cameroon. SNH is blocking a commonsense development path so it's a stalemate. However, when the penny finally drops for SNH and they lift the block on development then our 20% of the field with lots of dosh in the bank to pay for initial costs will be worth many multiples of our MCap and we """""should""""" double/treble/quadruple our SP on that announcement. So, all we have to do is wait and wait and wait and wait and wait and not squander our cash on divi's and high office expenses (which got the previous regime into trouble)..... Gluck .......

I think you need to do an awfie lot of Googling to get up to speed. Come back in a couple of days when you have read up on Biya, Crown Ocean Capital, Lukoil, SNH, New Age, K Hart Esq. etc etc GLuck....

That was 20 May 2014. https://www.africaintelligence.com/AMA/exploration--production/2014/05/20/fertilizer-ferrostaal-to-soon-sign-with-bowleven,108022953-ART?next=1&print=1 Have a read (and a cry) of these .... http://www.investegate.co.uk/Index.aspx?searchtype=3&words=blvn

""" Pushing the boundaries of technology and innovation, we have pioneered a game-changer that unlocks small and stranded gas fields once uneconomical to explore. PETRONAS Floating Liquefied Natural Gas (PFLNG) is a Liquefied Natural Gas (LNG) facility custom-built as a vessel to liquefy, produce, store and offload LNG. It will play a significant role in PETRONAS' efforts to unlock the gas reserves in Malaysia's remote and stranded fields deemed uneconomical to develop and evacuate. """ https://www.petronasofficial.com/floating-lng C'mon Biya ... you know you want one........... C'mon Chantal .... think how many hair dryers you could run ....... ps On National Geographic channel you can catch-up with it's building in a "Megastructures" documentary........ pps who needs a jetty ..... https://www.wartsila.com/media/news/27-03-2017-wartsila-partners-in-important-jettyless-lng-transfer-concept

Hope you're doing well there. We will have to wait for Biya for any rise in the SP here. Faffing about with a few tens of millions for a divi will be counter-productive. Meanwhile in Kenya Tullow finding more oil. (we coulda been a contender) http://www.rigzone.com/news/oil_gas/a/150176/Tullow_Hits_Oil_at_Kenyan_Well?utm_source=DailyNewsletter&utm_medium=email&utm_term=2017-05-25&utm_content=&utm_campaign=Exploration_3

Just to break the boredom, did you manage to get back in before the rise to the mid 30's? I remember you sold out after the AGM. p.s. LNG has had technical advances too. Lots of options on the table for when Biya (or his successors) eventually put the good of the country first and get those gas powered power stations kitted out.... https://www.wartsila.com/media/news/27-03-2017-wartsila-partners-in-important-jettyless-lng-transfer-concept

Our success is in the hands of Biya. Nothing newbod can do. NA are operators​. We live in hope

Is this what CoC wants?? If it is then great ... just wait (and wait and wait) for Biya ( or his successors ) to finally exdigitate. If not, then CoC may proceed as before and buy us up on the cheap.. p.s. Why it is just Eli getting his nose in the trough?? What about the rest of the poor underpaid BoD ..?? Maybe they'll drip-feed the options as announcing everyone getting 10M in one RNS might not be well received ....