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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
  -0.25 -7.14% 3.25 3.00 3.50 3.25 3.25 3.25 49,287 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.4 -0.7 - 11

Bowleven Share Discussion Threads

Showing 92226 to 92250 of 92400 messages
Chat Pages: 3696  3695  3694  3693  3692  3691  3690  3689  3688  3687  3686  3685  Older
DateSubjectAuthorDiscuss
05/3/2021
14:07
Recent rise in oil not factored in here. Production value rising and likelihood of FID also increasing.
gark
01/3/2021
15:33
Would be nice to get news by then. Not sure if it will be that quick though.
gark
01/3/2021
14:07
Counting down to 31st March - RNS of 5th February 2020: "Under the terms of the LOI, VOG and New Age will seek to enter into a gas supply agreement ("GSA"). The LOI envisages that New Age will supply processed Gas to Gaz du Cameroun S.A. ("GDC"), a wholly owned subsidiary of Victoria Oil & Gas Plc, at Limbe. GDC would then transport the gas to Douala 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." The Aksa project has been bobbing around for a couple of years, but as to whether it ever gets off the ground, place your bets now. Indeed, it might very well suit the JVP if both the 150MW Douala plant and the putative 350MW Limbe plant bit the dust.
warbaby43
26/2/2021
10:24
When was that from start to finish?
ham74
26/2/2021
10:02
Don't hold your breath, the last Exploitation Licence was given priority status and still took over 12 months.
slipanchor3
25/2/2021
11:19
gap @ around 6.30 closed. hopefully next news soon
buy_more
25/2/2021
09:43
The strong crude price should make Etinde more valuable and feasible
dealy
17/2/2021
23:05
From Happysparrow on LSE:Remus PetroleumToday 17:24After reading Malcy's blog today, https://www.malcysblog.com/2021/02/oil-price-petrotal-far-remus-and-finally/ I decided to have a look at Remus - It seems they have their pencils out sharpened for 'production assets' in Cameroon.https://remus-petroleum.com/#portfolioEither VOG or NewAge/Blvn, or both, would fit the bill.And a failed bid for FAR would give them A$200m looking for a home.Yashodan Sathe is of particular interest. (now Head of Mergers and Acquisitions for Remus).Part of a big Downstream player in Nigeria https://neuronstrading.com/about/'We have complete understanding of oil trading, technical and operational procedures in the shipping line; we also understand the diverse businesses in the maritime industry and best records of our board member in the energy sector and their years of experience and expertise in the business'Of possible note on Oil and Gas Trading https://neuronstrading.com/services/#1553759161384-692d5a6d-31e0 ...'We anticipate significant synergies to arise in Africa after setting up our natural gas desks as market liberalization continues and the LNG and natural gas markets converge. We believe that future arbitrage opportunities arising between LNG and natural gas, combined with Neuron's experienced market intelligence, will allow us to develop a unique value proposition to our counter parties and partners in the next few years.'https://neuronstrading.com/staff-item/yashodhan-sathe/'Over the last few years, Yashodhan has developed a robust network of investors in the Venture Capital and private equity fund and transaction space encompassing institutional investors, family offices, fund of funds and ultra-high net worth individuals.'
gark
17/2/2021
22:14
hahahaha... best!
buy_more
17/2/2021
21:09
My wife has a similar business model with me.
belo horizonte
17/2/2021
14:49
the extractive industry sector as per below info makes only 5% of cameroons GDP. probably SNH will not invest in any infrastructure but only participate in the revenue as per their negotiations with all jv partners. let's hope for news soon again. hTtps://www.state.gov/reports/2019-investment-climate-statements/cameroon/ Extractive industry (Oil, Gas, Mining) Cameroon has been an oil exporter since 1977. Oil production has stagnated as prices fluctuated, but the country can count on untapped gas reserves estimated at 3.5 billion cubic meters. The government dominates the sector and generally operates a revenue-sharing business model with foreign investors.
buy_more
17/2/2021
13:00
Thanks, I agree seems to be full of unfounded conjecture and inaccurate.
gark
17/2/2021
11:31
Thanks Warbaby for that update on the AI article. Very helpful indeed.
ctc1
17/2/2021
11:12
Any apprehensions related to the "Africa Intelligence" piece can be safely set aside. It is nowt more than an alarmist, sensationalist headline designed to entice people into spending their hard earned brass to read the rest of the piece, which turns out to be highly inaccurate, ill informed conjecture of the sort that gives journalism a bad name. The standard of journalistic accuracy is evidenced in the first paragraph which asserts that 244 mboe Etinde has a "reserve" of 58m boepd (per day!) and continues with the fiction that SNH has backed into the project at zero development cost. The piece then continues in a manner that would make the average tabloid hack blush with shame. Throw in the fact that BLVN and NA are both UK based companies and that "Africa Intelligence" is published not in Africa, but in Paris, and it can probably also be dismissed as simply more French mischief making.
warbaby43
14/2/2021
17:20
In the past Eli has been very conservative and somewhat downbeat so given recent announcements I think we are on the right path.
gark
14/2/2021
17:06
Lets hope so Gark, if the headline is correct it certainly makes a mockery of Eli's constant " constructive dialogue", "colaboration", "best of chums" narrative. Get the feeling Warbaby is talking more sense re timescales than our leaders. From last years interims...."Whilst the Etinde development plan has been inconclusive in the recent past, we are convinced that the likelihood of the successful development of Etinde remains promising in a normal macro environment and the development will commence in the next 12 months" Blame it on the Covid I suppose
nufckk
14/2/2021
16:17
I am not convinced they are that reliable so wouldn't pay for the paper. Sometimes they get it right but on given that the politicians support this as it is important for the economy I am not sure what they are talking about.
gark
14/2/2021
15:51
In January 2020, Africa Intelligence published an article suggesting New Age was contemplating withdrawal from Africa: hxxps://www.africaintelligence.com/oil--gas_state-strategy/2020/01/07/etinde-and-marine-iii-weather-new-age-s-clearance-sale,108388350-art 9 months later, however, they reported that Congo had actually extended New Age's Marine III license: hxxps://www.africaintelligence.com/oil--gas_exploration-production/2020/12/10/sassou-extends-new-age-s-marine-iii-exploration-licence,109626752-bre The New Age website still says that FID is expected early 2021, under the Cameroon section here: hxxps://www.newafricanglobalenergy.com/cameroon/ The above is only based on headlines...I have not read all of the stories, but the January 2020 call seems to have been proved wrong. How reliable is Africa Intelligence? Does anyone have a view?
ham74
14/2/2021
15:24
It looks like you could get access for 6 Euros (just over 5 quid) if you wanted to read the story.
ham74
14/2/2021
14:57
Headline from Africa Intelligence:New Age far from starting production on Etinde despite promise of new contractNumerous financial and political obstacles are preventing New Age from beginning production on Etinde block, agreement of principle or not. Anyone got access?
gark
13/2/2021
12:12
The book value is currently about 50p per share. The market value of the assets is of course unclear but even 50% discount would get the stock to 25p or triple current level, almost as a minimum
dealy
13/2/2021
11:54
So 29p tangibles, plus another 10p intangibles...I need 112p to break even...hey ho.
jordaggy
13/2/2021
11:47
agreed, but it ain't zero thats for sure.
dealy
13/2/2021
10:43
Or maybe even USD 150 million ( GBP 108 million ) based on the company's accounts. The valuation could go up or down based on stuff like the gas price, discount rates and so on.
ham74
13/2/2021
09:45
So the company is valued at net cash meaning the entire stake in Etinde has an implied valuation of zero whereas in fact it is probably worth 100m.
dealy
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