Member Info for slipanchor

Share price very easily manipulated with algo trading and low volumes.

Expected to be on site ready to spud next month will New Age / Lukoil want to test shareholders resolve before we spud bearing in mind they are carrying the costs of the drills up to the maximum of 40 million with a further �25 mill at FID.

on the way to CAMEROON htTps://www.brrmedia.co.uk/broadcasts-embed/5aaa682092ce370823714356/bowleven-plc-company-overview/?popup=true

10% tree shakes fairly common we shouldn't begrudge these poverty-stricken MMs their hard-earned bonuses.

What has spooked the market is it their investment decision.

Looks as though the market cant make its mind up unless they are waiting for COC comments.

Come - on COC put your cards on the table and let us see what you have to offer.

Would just like to add that it doesn't preclude COC from acquiring the necessary 30% and making an offer for the company themselves.

He seems to have a lot of confidence in the next phase by referring to the wells as development wells. I also think it unlikely he would consider an offer before the appraisals. But stranger things have happened.

Christoski The Bentley heavy oil field 250 mil barrels, the thinking at the time if I remember rightly was that Statoil who had the Bressey field adjacent to Bentley would take them over. Statoil never ever went ahead with the development of the Bressey field although I think they bought the XEL technology from them for �3mill. Sorry for the off topic but things have been quiet.

Christoski My experience of XEL was very similar, was lucky enough to come across a report in which it stated they would need in excess of a hundred $ a barrel to break even so I bailed out @ �1.10. Don't think I made any money but I certainly limited my losses.

missdosh Thanks for sharing.

Surely Don't take it to hard what doesn't kill you makes you stronger and i'm sure we will get on just fine in the future, in fact, I'm beginning to like already. (Not being sarcastic) good look take care.

In answer to your post Para1. slip, i'm invested in both, because they are both good shares. What seems to have happened is that me mentioning that i "sold" a few has upset you. I have long term and trading pots for both. It's a good strategy for these AIM companys. Ans1 Doesn't matter how many pots you have got or how many you sold . You where ramping on board 1 while selling on board2 which is a very serious offence and you could have been banned for a very long time if someone had reported you. Para 2 Regarding Hurricane , there are quite a few there who have very large pots. I was merely curious about how they spread their risk. Why so much in just one share even if you are convinced. Ans 2 Yes there are some very knowledgeable people with many years of experience in the industry who work to very sophisticated investment models, that's how they got their large pots and they don't need some novice popping in to tell them how to run their portfolios that is why you got the short shrift. Par3 No offence intended, no recommendations to buy and sell. So I dont think i'm being a DH. Just some are very "precious" about the shares they own. Never a good idea. Ans3 From your posts, I get the impression you're a youngster and new at this game and maybe you should be given some leeway. There are a lot of very knowledgeable people on these boards( and I don't class myself as one of them) but all you have to do is stop digging watch and listen.

I'm sure like the HUR board, the member here will be able to work out who the DH is.

bowleven looks like she is finally stirring, after a long long wait. Do none of the heavily invested here fancy spreading the risk a bit . Bowleven is quality like Hurricane and not your usual AIM pos. Do you want me to post the rest, as well as the short shrift you got from the HUR board.

i took a tranche off the table yesterday, the buyer has disappeared for now. The same poster was ramping bow on the hurricane BB telling them to sell HUR and buy BLVN hope you managed to get your price.

Lets take a quick look at the drilling history, We drilled our first well on the prospect and found another 2 on MI5 we drilled the 2 wells on MI5 and found further 2 prospects plus the the Intra Asonga . This could be 25% of prolific oil province we are selling so lets not accept the first offer or the 45p as some are indicating.

My opinion remains we should not consider an offer until after appraisal unless there is value for the appraisals built-in.

legachi That's the man thanks.