More support emerges for Bowleven in battle with activist investor
A third corporate governance services firm has backed Bowleven’s board members in their quest to keep control of the Scottish oil explorer.
Bowleven
Activist’s picks for Bowleven board wade into public row
An activist investor’s picks for the boardroom at Bowleven have waded into an increasingly public row between the two sides.
War of words between Bowleven and activist investor rages on
Scottish oil explorer Bowleven today hit out at claims made in an open letter by an activist investor.
Bowleven confident shareholders will rebuff activist
Bosses at Bowleven said yesterday that they could rely on institutional shareholders as they prepare to face down an activist investor next month.
Bowleven set for showdown with activist investor next month
Bosses at Scottish oil exploration firm Bowleven are set for a showdown with an activist investor at a general meeting next month.
Bowleven goes on the offensive against activist investor
Bosses at Bowleven went on the offensive today in their mission to keep control of the Scottish oil explorer.
Bowleven in ‘advanced discussions’ over Cameroon farm out
Under-fire Scottish oil explorer Bowleven said yesterday that it was making major progress with its Cameroonian licences.
Bowleven takes swipe at activist investor’s power play
Scottish oil explorer Bowleven yesterday accused an activist shareholder of mounting a “blatant attempt” to gain control of the business.
Bowleven board member to leave following restructuring
Scottish oil explorer Bowleven said today that one of its board members would leave the company following a mutual agreement.
Activist halts Bowleven share buyback strategy
An activist investor has forced Scottish oil explorer Bowleven to cease its share buyback programme.
Bowleven defends non-exec directors against challenge from shareholder
Scottish oil explorer Bowleven is defending its three non-executive directors against a challenge from one of its stakeholders.
Bowleven agrees well locations offshore Cameroon, losses widen
Bowleven's boss said the Scottish oil explorer was making progress on developing its Cameroonian assets despite its losses widening by $40million in 2015/16.
Bowleven awarded one-year extension on Bomono
Bowleven has been awarded a one-year extension to the existing Bomono exploration licence, onshore Cameroon.
Bowleven remains upbeat despite widening losses
Scottish oil company Bowleven said it remains in a strong position despite recording a $132million loss in the second half of 2015.
Bowleven wraps up extended flow onshore Cameroon
Bowleven said it has now wrapped up an extended flow testing programme at Moambe and Zingana. The Africa focused oil and gas explorer said the results continue to support plans for around five to six mmscfd of gas for power generation under a development scheme with Actis and Eneo in Cameroon.
Bowleven moves forward with Cameroon prospect
Scottish oil explorer Bowleven, which is focused on African opportunities, has submitted the Bomono Exploitation Authorisation Application (BEAA) to the Cameroon authorities as planned.
Solo Oil farms out in Tanzania and Bowleven steps in
Solo Oil has farmed out its interest in the Ruvuma petroleum sharing agreement to help it accelerate two appraisal wells in Tanzania.
Bowleven starts flow of hydrocarbons from Moambe well
Bowleven said its Moambe well has started the flow of hydrocarbons onshore Cameroon. The Africa focused oil and exploration company said the step forward was taken after the installation of testing equipment. An extended well testing programme is planned at Moambe to determine the productivity and connectivity of the shallower reservoir units.
Bowleven ship-shape for African ambitions
Scottish oil explorer Bowleven said yesterday it was in good financial shape to “ride out the storm” of the industry downturn and press on with its plans for Africa.
Bowleven appoints former ASCO boss as new chairman
Bowleven, the Scottish oil and gas exploration group focusing on Africa, has appointed former Asco chief executive Billy Allan as a non-executive director and chairman designate.
Bowleven spuds in Cameroon
Scots oil exploration company Bowleven has begun drilling operations on the Moambe exploration well on the Bomono Permit in Cameroon.
Bowleven drills in Cameroon
Bowleven, the Africa-focused oil and gas exploration group, has confirmed the first of a two-well exploration programme in Cameroon, has been drilled to its planned total depth and logged.