Bowleven Share Discussion Threads

[gark] 19/6/2017 18:52

Little trading with nothing going through below 29 and they close it there. What is up with this stock?

[cyan] 19/6/2017 12:35

Time to remind ourselves that COC bought 14 million for 34p a share. The ultimate realisation of value will, imo, be substantially North of that. An early offer would be most welcome!

[gark] 18/6/2017 11:33

New Age know what they have got in Etinde. Wouldn't be surprised if we see them list and then make an offer for BLVN once drilling and way forward is agreed.

[warbaby43] 18/6/2017 06:49

Split of chairman/CEO roles preparatory to float?

Also on the schematic of possible Etinde development on the New Age website, is the the link northwards to Rio del Rey a recent addition? If it is, then it does look as if progress may be being made towards an agreed development proposal.

[gark] 17/6/2017 18:59

Also from New Age website:Our project is at the development phase to optimize development of the Etinde Permit and options to monetize gas resources. Full development of the Etinde Field will deliver a world-class production asset exporting gas, oil and condensate whilst ensuring the viability of two key objectives of the Cameroon Government: establishing domestic fertilizer production and initiating an LNG project.I think they have agreed with the government on fertiliser plant so long as LNG is developed. To do this the two appraisal wells need to be drilled. Think that happens in H2.Get the feeling this train is about to leave the station and we will either be up massively on the drill or sold for c. 50p before that.Interesting times.

[gark] 17/6/2017 18:56

Was just about to post that. Description on the New Age website is interesting.DAVID STOOPINCHIEF EXECUTIVE OFFICERA petroleum engineer with 30 years' experience, David is responsible for NewAge's M&A, corporate finance and business development activities.David was previously Commercial Manager for BPs' Ultra Deep Water developments in Angola. Another key role at BP was as manager of the company's global upstream mergers and acquisitions strategy.Prior to joining BP, David was Project Manager for International New Ventures at Premier Oil and Senior Field Engineer with Schlumberger.Deep water developments in Angola, in preparation for Etinde?

[hazydaisy] 17/6/2017 18:53

Privately held oil and gas company New Age has decided to separate the roles of the chairman of the board of directors and chief executive officer (CEO).

New Age said on Friday that founder Steve Lowden would remain chairman while David Stoopin would take on the role of CEO as of June 16, 2017.

The company added that the separation of senior roles reflected the scale and maturity of the group’s business activities.

During Lowden’s tenure as CEO, New Age made several exploration and appraisal successes. He will continue to support the development of the New Age mid-stream LNG business, as well as identify and assess other E&P ventures.

Stoopin has been with New Age since June 2008 as the executive vice president of Commercial and Business Development and was formerly with BP and Premier Oil. While at BP, David’s roles included commercial manager for BP’s Angolan developments, as well as M&A strategy manager.

Steve Lowden said: “David has played an integral part in the successful development of New Age, which now has production from multiple oil and gas fields across Africa and Kurdistan. His leadership ability, commercial acumen, and deep technical knowledge position him well in his new role as CEO, and I look forward to continuing to work closely with him.”

Since its foundation in 2007, NewAge built a portfolio of nine assets in seven countries. The company’s activities cover exploration, appraisal, and development, with first production achieved from Congo Brazzaville and Kurdistan in 2014. The Aje field in Nigeria, where New Age has 24.06% interest, has been on production since May 2016.

[gark] 17/6/2017 09:15

Why are you still posting? Anything useful to say? Why does a fund buy 25% given I am sure they are well informed if this drops to low 20s?

[donpatrol] 17/6/2017 07:33

You will get the invite soon when this returns to the low 20s.

[dwill117] 15/6/2017 09:42

Didn't get the invite!

[nick rubens] 15/6/2017 09:39

The party that started around low twenties.

[dwill117] 15/6/2017 09:13

What party?

[nick rubens] 15/6/2017 08:54

Oil Price spoiling the party for now. Around $47 a barrel today. Can't escape the factors outside of company control.

[cyan] 13/6/2017 20:41

Looks like no-one wants to short BLVN;



Not really a surprise as this could suddenly move North on anticipated news

[gark] 13/6/2017 15:03

New Age now states FID will be 2018. Does that imply drilling in H2 2017?

[cyan] 12/6/2017 15:22

Hi Le_com.
Interesting times . As regards GENL; maybe the time to re-enter?
BLVN is sailing its course towards a port well predicted. All a matter of time , imo.

[gark] 09/6/2017 08:42

USD cash balance just became more valuable. Should be up to reflect that. Volumes going through are high, would be interested to know who is buying.

[buy_more] 09/6/2017 08:35

hi le commissaire, good to see you. why did you buy back here? any news you did not know about before? my best wishes to all

[le_commissaire] 08/6/2017 15:02

Gark

Just 650k for now.

[gark] 08/6/2017 14:40

Le Com, how much blvn did you buy?What is your price target?

[le_commissaire] 08/6/2017 14:29

Dan

Hope you are keeping well :)

Yes i did add to GENL but sold a majority at 97 down tbe trend. It was just too hot a rise and out of kilter.

I have also bought back into BLVN and still regularly buy RKH mopping up on the bottom of what is now a constant 3p gap.

Even though i am unable to buy BOO at this time, i would recommend a buy and long hold even after it's rise.
If you remember we had just 88k shares in ASC which we sold at the £70 while at the same time i recommended a sell on this board before the fire.
i firmly believe that Boohoo is the next ASOS.
The core ideals and management style of the company are a reflection of ASC but in a much more affordable and more far reaching sales pitch.

[winnet] 08/6/2017 09:49

I don't think the VOG situation has anything to do with Bomono.

I think something more serious, has gone on. Kevin Foo needs to make a statement IMO.

[gark] 07/6/2017 12:17

Just looked at VOG, which has halved. Anything to do with Bomono?

[gark] 07/6/2017 10:20

There seems to be a big seller out there. Shares being hoovered up but need to get the seller out of the way to move up.

[gark] 06/6/2017 11:20

Seems to be ongoing buying between 30-30.5p. More being bought by COC? I really have feeling that we are very close to some sort of resolution on this. Any thoughts?