Ex-Bowleven boss Hart confirms exit as company returns to black
Bowleven’s former boss confirmed yesterday that he was no longer involved with the turmoil-hit Scottish oil explorer following his ousting earlier this month.
Bowleven’s former boss confirmed yesterday that he was no longer involved with the turmoil-hit Scottish oil explorer following his ousting earlier this month.
The activist investor behind this week’s boardroom coup at Bowleven has called for another vote to get rid of the Edinburgh-based firm’s chairman.
Five directors at Scottish oil explorer Bowleven, including chief executive Kevin Hart, were ousted in a shareholder revolt yesterday.
Five directors at Scottish oil explorer Bowleven, including chief executive Kevin Hart, have been ousted in a shareholder revolt.
Under-fire Bowleven said today that it had agreed to farm out a large stake in its onshore licence in Cameroon to another London-listed firm.
A third corporate governance services firm has backed Bowleven’s board members in their quest to keep control of the Scottish oil explorer.
An activist investor’s picks for the boardroom at Bowleven have waded into an increasingly public row between the two sides.
Scottish oil explorer Bowleven today hit out at claims made in an open letter by an activist investor.
Bosses at Bowleven said yesterday that they could rely on institutional shareholders as they prepare to face down an 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.
Bosses at Bowleven went on the offensive today in their mission to keep control of the Scottish oil explorer.
Under-fire Scottish oil explorer Bowleven said yesterday that it was making major progress with its Cameroonian licences.
Scottish oil explorer Bowleven yesterday accused an activist shareholder of mounting a “blatant attempt” to gain control of the business.
An activist investor has forced Scottish oil explorer Bowleven to cease its share buyback programme.