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Last 24.75 GBp
Change Today +0.25 / 1.02%
Volume 1.7M
As of 11:35 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

bowleven plc (BLVN) Snapshot

Open
24.00 GBp
Previous Close
24.50 GBp
Day High
26.00 GBp
Day Low
24.00 GBp
52 Week High
09/5/14 - 37.50 GBp
52 Week Low
08/24/15 - 21.25 GBp
Market Cap
80.3M
Average Volume 10 Days
1.3M
EPS TTM
-0.27 GBp
Shares Outstanding
324.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BOWLEVEN PLC (BLVN)

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bowleven plc (BLVN) Details

Bowleven plc engages in the exploration, appraisal, and development of oil and gas resources in Africa. It holds equity interests in five blocks in Cameroon, with three blocks located offshore in shallow water and two onshore. The company also holds an equity interest in an onshore block in Kenya; and three blocks in Zambia. Bowleven plc was incorporated in 2001 and is headquartered in Edinburgh, the United Kingdom.

72 Employees
Last Reported Date: 11/27/14
Founded in 2001

bowleven plc (BLVN) Top Compensated Officers

Chairman of Group Management Board, Chief Exe...
Total Annual Compensation: 627.0K GBP
Founder, Member of Group Management Board and...
Total Annual Compensation: 441.0K GBP
Head of Investor Relations, Finance Director,...
Total Annual Compensation: 160.0K GBP
Chief Operating Officer and Executive Directo...
Total Annual Compensation: 215.0K GBP
Exploration Director and Executive Director
Total Annual Compensation: 392.0K GBP
Compensation as of Fiscal Year 2014.

bowleven plc (BLVN) Key Developments

Bomono Provides Drilling Update

Bowleven announced that drilling operations have commenced on the Moambe exploration well on the Bomono Permit, onshore Cameroon. Moambe, the second well in a two well programme, is located just over two kilometres east of the first well, Zingana, and is a previously undrilled Paleocene (Tertiary) three-way dip fault block targeting multiple sands. The well will be drilled to an estimated target depth of circa 1,620 metres MD. The intention is to drill, log and evaluate both wells prior to determining any testing plan.

BowLeven plc Provides Drilling Update of Zingana Exploration Well, Bomono Permit, Cameroon

BowLeven plc provided Bomono drilling update of Zingana exploration well, Bomono Permit, Cameroon. Highlights: Zingana has been drilled to a TD of 1,720m MD; pre-drill well objectives achieved. Wireline logging has been completed and the logs are being evaluated. Hydrocarbons were encountered in target reservoirs. The Zingana well is being suspended as planned to enable future re-entry. Rig now moving to drill second location, Moambe.

Bomono Announces Operational Update

BowLeven plc announced that drilling operations have commenced on the Zingana exploration well on the Bomono Permit, onshore Cameroon. The Zingana well is the first of two wells in the 2015 exploration programme. Zingana is located 20 kilometres north-west of Douala and will target a Paleocene (Tertiary) aged three-way dip closed fault block that was partially penetrated by shallow wells drilled in the 1950s. The well will be drilled to an estimated target depth of circa 2,000 metres. The second well location, Moambe, just over two kilometres east of Zingana, has been prepared for drilling. The rig is expected to be mobilised to Moambe on completion of drilling and logging activity at Zingana. Testing is expected to be carried out (if appropriate) after the drilling and logging of both wells is complete. As previously announced, the delay to the drilling schedule has been caused by the need to address certain mechanical and control issues with the rig fabric and equipment that were identified during rig-up. These issues related to the top drive and the mud pumping system and have now been resolved. Alongside drilling activity, technical and commercial work is being progressed to evaluate possible development concepts and product offtakers in the event of exploration success. Further update announcements on drilling activities will be made in due course, as appropriate.

 

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