Bowleven plc

Equities

BLVN

GB00B04PYL99

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 11:35:28 2024-04-26 am EDT			5-day change	1st Jan Change
0.2 ^GBX	0.00%		0.00%	-65.22%

Apr. 03	EARNINGS AND TRADING: Saint-Gobain buys Bailey Group; Kropz inks loan	AN
Mar. 27	Bowleven seeks funding as loss widens on reduced project activity	AN

Bowleven unaware of reason for recent share price rise

July 21, 2023 at 04:38 am EDT

Bowleven PLC - Africa-focused oil and gas, exploration and production company focused in Cameroon - Says it notes recent movement in its share price and is not aware of "any particular reason" for the sudden increase. Shares in Bowleven increased by 30% in the last month. The company says that it has been considering fundraising options, and expects to seek additional equity capital in the year to assist with its ongoing corporate activities; which it noted in its March 30 statement.

"Planning for an equity fundraising has continued since then but is not yet at an advanced stage and there can be no certainty that a fundraising will be concluded, nor as to the structure or terms of any such fundraising," Bowleven says.

Current stock price: 1.60 pence, down 8.6%

12-month change: down 45%

By Will Neill, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
DOW JONES AFRICA TITANS 50 INDEX	462 PTS	+1.81%	+2.72%	-
S&P AFRICA 40 INDEX	157.6 PTS	+3.21%	+3.49%	-
BRENT CRUDE OIL SPOT	88.07 USD	+0.10%	+1.75%	-
WTI	83.53 USD	0.00%	+1.68%	-
BOWLEVEN PLC	0.2 GBX	0.00%	0.00%	4.7M

Latest news about Bowleven plc

EARNINGS AND TRADING: Saint-Gobain buys Bailey Group; Kropz inks loan	Apr. 03	AN
Bowleven seeks funding as loss widens on reduced project activity	Mar. 27	AN
Bowleven plc Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 27	CI
EARNINGS AND TRADING: Castillo losses double; GCP proposes wind-down	Mar. 14	AN
Bowleven and partners regroup as Etinde stake sale halts	Jan. 26	AN
Bowleven in Talks with Partners After Perenco Abandons Purchase of Etinde JV Stake	Jan. 25	MT
FTSE 100 Closes Down 1.3% on Renewed Interest-Rate Caution	Nov. 10	DJ
Bowleven needs to raise further equity as warns cash is running out	Nov. 10	AN
Earnings Flash (BLVN.L) BOWLEVEN Reports FY23 Loss $-0.01	Nov. 10	MT
Bowleven plc Reports Earnings Results for the Full Year Ended June 30, 2023	Nov. 10	CI
Bowleven considering needed equity injection at big discount	23-09-26	AN
Bowleven Drops 45% as Delay in Hydrocarbon Project Deal Prompts Fundraising Exploration	23-09-26	MT
AIM WINNERS & LOSERS: Bowleven shares drop on concern for cash runaway	23-09-26	AN
FTSE 100 Closes Up 0.2% Lifted by Oil Stocks	23-07-21	DJ
UK Gilt Rally Short-Lived, Yields Start Rising Again	23-07-21	DJ
Pound Falls Despite Solid UK Retail Sales, Still Hurt by Weaker Inflation	23-07-21	DJ
FTSE 100 Edges Up After Mixed UK Economic Data	23-07-21	DJ
Bowleven's Equity Fundraising Plan Remains Uncertain; Stock Falls 9%	23-07-21	MT
AIM WINNERS & LOSERS: Bowleven says fundraising efforts continue	23-07-21	AN
Bowleven unaware of reason for recent share price rise	23-07-21	AN
UK Retail Data Suggests Food Inflation has Peaked, but Spending Squeeze Persists	23-07-21	DJ
London Stocks Seen Opening Little Changed	23-07-21	DJ
Time Out revenue rises; Arbuthnot gets rates boost	23-03-30	AN
FTSE 100 Ends Thursday Up 0.74%, Hitting Highest Level in Two Weeks	23-03-30	DJ
European Miners Look Better as China Recovery Picks Up	23-03-30	DJ

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Company Profile

Bowleven plc is a United Kingdom-based oil and gas company. The Company is focused on Africa, where it holds a combination of predevelopment and exploration interests in Cameroon. The Company has an approximately 25% non-operated interest in the offshore shallow water Etinde Permit. The Etinde Permit lies in shallow water in the prolific Rio del Rey Basin. The Etinde permit covers an area of approximately 461 square kilometers (km2) (formerly block MLHP-7). The Cameroon operations are managed through its subsidiary, EurOil Ltd.

Sector

Oil & Gas Exploration and Production

Calendar

2024-11-06 - Q4 2024 Earnings Release (Projected)

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