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Share Name Share Symbol Market Type Share ISIN Share Description
Bowleven Plc LSE:BLVN London Ordinary Share GB00B04PYL99 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 3.00 2.50 3.50 3.00 3.00 3.00 142,461 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.4 -0.7 - 10

Bowleven Share Discussion Threads

Showing 91876 to 91899 of 92400 messages
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DateSubjectAuthorDiscuss
07/3/2020
12:16
Technip look like a very impressive outfit. 37,000 employees and at the forefront of efficiency in oil and gas production design. we seem to be marching ahead towards FID but no appreciation of that in the share price. Only thing to do is hold but if we get more positive news flow I think it will be the time to buy. Risk is more equity is needed once $25mn is paid. You'd think that Lukoil would want to buy us out considering that they will need to pay anyway.
gark
06/3/2020
14:49
Thanks, my understanding is by end Q3 we get FID hopefully. Will be interesting to see what happens after that. Assume reserves can be revalued then and if Lukoil are driving things then potentially they buy us out or increase their share of ownership. Otherwise will need to secure sufficient debt financing to see this through.
gark
06/3/2020
10:27
With a nod to Warbaby and Gark, Lukoil would appear to be in the driving seat now. Lukoil and TechnipFMC have worked together on several projects previously. A JV in Russia plus projects in Bulgaria and Turkey. This, combined with the Sonnara project suggests they are calling the shots. I notice we get a mention in the attached (subscription required to read the whole article) https://www.upstreamonline.com/field-development/leader-emerges-for-new-age-prize-off-west-africa/2-1-762644 which reports New Age are targeting FID in Q3 this year.
nufckk
05/3/2020
09:20
Thanks for explaining. Much appreciated
nufckk
05/3/2020
07:54
Sorry, by LSE I meant the London Stock Exchange. You can register to get free alerts on your watch list as a PI. It is the exchange that BLVN is obliged to notify. The other share sites pay for feed from it. If they don’t, they don’t get.
belo horizonte
04/3/2020
21:34
Possibly because you’re registered to receive the alerts. Most people aren’t but log on to the website for the relevant share chat. If you check out the London South East site there is no record of the last two RNS’s. I still see all of this as a positive, they just don’t seem to be making a big fuss of it compared with some other shares I have.
nufckk
04/3/2020
20:29
I receive alerts from the LSE and it did email the blvn RNS. A little later than normal 07.32.
belo horizonte
04/3/2020
16:38
BTK....I know what you’re saying about the share price, but they’re barely shouting the news from the rooftops. I notice the last two RNS’s weren’t even posted on the LSE website ( to save money? ). If I wasn’t receiving e mail alerts from Bowleven themselves I’d be none the wiser today. Whilst there appears to be little interest in Bowleven I suspect a lot of the shares are in sticky hands now. I can’t help but feel the share price isn’t the game anymore, it’s how much we can sell Etinde for.
nufckk
04/3/2020
15:43
Share price still suggests the market is very sceptical. Market cap around the levels of the FID cash alone. I'm trying to assess who are the winners if FID doesn't meet the deadline and the license lapses. Are Lukoil and / or NewAge likely to get the whole asset themselves after some backdoor dealing with the Cameroon government or would it be a blow to them also? I hope this works out for Bowleven (I'm a shareholder) but they are a small player in all this and the share price suggests they are going to get squeezed out.
billytkid2
04/3/2020
15:11
Too true The Toon: Https://en.wikipedia.org/wiki/TechnipFMC With this morning's news being one giant step for Etinde man, Ladbrokes would probably be moving the FID betting from even money to odds on, especially when put alongside the news in your 7th Feb post at 18797 with Sonara being a 42,000 bpd refinery: Https://www.businessincameroon.com/economy/0702-9948-russian-lukoil-in-cameroon-to-negotiate-the-reconstruction-of-sonara In owt other than a very abnormal, badly spooked market, the reaction to this RNS would be puzzling. When rationality does get restored, though, would then be nice to see some hefty confidence buys from one of the Instis or better still from management.
warbaby43
04/3/2020
14:39
Googled TechnipFMC, they’re no tin pot outfit
nufckk
04/3/2020
08:29
The news today is a very positive indicator. FID is only a matter of time.
belo horizonte
20/2/2020
15:17
For those who keep an eye on Carbon Capture developments, the sequence of pieces on NetPower might be of interest (a little of it being a bit too eye glazingly technical for me, I must admit) Rodney Allam is, of course, a Brit and predictably given the cold shoulder by that wholly owned subsidiary of Siemens known as the UK Government's Department of Energy and Climate Change. Https://www.powermag.com/pioneering-zero-emission-natural-gas-power-cycle-achieves-first-fire/ Https://www.powermag.com/inside-net-power-gas-power-goes-supercritical/ Https://www.powermag.com/300-mw-natural-gas-allam-cycle-power-plant-targeted-for-2022/
warbaby43
18/2/2020
12:14
"Given focus on Cameroon, I wouldn’t be surprised if Lukoil make an offer for Bowleven ahead of FID payment" What has been significantly positive for Etinde over the past two and a half years is Lukoil's apparent change of attitude to W Africa. Going back to July 2017, the now sadly departed Cyan posted at 16698 a link to a Tass report featuring a lengthy quote from a senior Lukoil director which included this: 'Lukoil’s projects in West Africa await an investment decision because of volatility on the oil market, he went on. "We are optimizing the portfolio of our overseas projects. We are making investments into attractive projects. Other projects are at a stage of reviewing jointly with project operators, particularly in West Africa. We have not withdrawn from them; they are at a waiting stage. Nigeria, Cameroon, and Ghana - all these projects are at the stage of waiting for the final investment decision," the top manager said. Lukoil made a significant cut in overseas projects, Matytsyn said. "This is because the Russian oil producing business turned out to be much more stable and not susceptible to fluctuations in oil prices. Operations in other jurisdictions are more exposed to oil price fluctuations. Many companies, not only our one, postpone or cut such projects," he said.' Reading that, a reasonable conclusion would have been that their W Africa assets were regarded as no more than marginal and that a strategic withdrawal from the region would have been no great surprise with all the damage to Etinde credibility that that would have entailed. However, given not only their $800m dollar acquisition of NA's main CB asset but their taking on of Ophir's expired EG Fortuna PSA betokens a radical change of attitude and while NA might have been the long time favourite to make a bid for BLVN, Lukoil might well now prefer to take over as top dog and as Etinde operator via BLVN's stake in the asset. Certainly no bad place for us to be with Chinese on one side and Russians on t'other.
warbaby43
08/2/2020
10:46
This combined with the LOI with VOG suggests full steam ahead towards FID. I read somewhere else that New Age are also looking for two well head platforms so focus on getting condensate out to process locally alongside building up gas offtake arrangements. Given focus on Cameroon, I wouldn't be surprised if Lukoil make an offer for Bowleven ahead of FID payment. I hope that the price at that point will be realistic rather than today's level.
gark
07/2/2020
21:55
hxxps://www.businessincameroon.com/economy/0702-9948-russian-lukoil-in-cameroon-to-negotiate-the-reconstruction-of-sonara
nufckk
05/2/2020
21:45
The LOI anticipates that the GSA would be for a period of 20 years and would see New Age supply a minimum of 25mmscf per day of gas to GDC for the first three years, increasing to a minimum of 30mmscf per day. The LOI remains in force until the earlier of the signature of a GSA or 31 March 2021. Ultimately, finalisation of the proposed GSA terms and conditions is directly linked to the Final Investment Decision ("FID") in relation to the Etinde field development project. ... if i have calculated it correctly the MARKETPRICE for 25mmscfd of natural gas supplied to VOG is appx USD 17.000.000 per year?
buy_more
05/2/2020
08:00
And the VOG RNShTtps://www.investegate.co.uk/victoria-oil---38--gas--vog-/rns/operations-update/202002050700079714B/
oilretire
05/2/2020
07:57
Gas supply LOIhTtps://www.investegate.co.uk/bowleven-plc--blvn-/rns/loi-signed-for-supply-of-gas-from-etinde/202002050713059713B/
oilretire
02/2/2020
04:35
Could be; certainly wouldn't hurt.
jordaggy
01/2/2020
15:05
https://africaoilandpower.com/2020/01/30/with-its-gas-mega-hub-equatorial-guinea-wants-to-deliver-on-expectations-of-successful-african-cross-border-gas-cooperation/If they can get cross border agreement this could be extremely positive for BLVN.
gark
14/1/2020
00:47
wrong bb ;-)
jimarilo
12/1/2020
21:50
I think we will get there but this is a real slog!
gark
12/1/2020
14:05
Thanks for posting Gark, can't read it unfortunately and I'm not going to pay to subscribe! Hopefully we've seen the bottom and are on the way back, a snippet of good news is what we need to get it moving the right direction
kbrook
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