Oil & Energy

Dragon Oil weighs up bid for Bowleven – Zawya.com

which is controlled by Dubai’s state-owned Emirates National Oil Company, announced it was considering a bid for the Cameroon-focused oil explorer. The approach prompted shares in Bowleven to jump by 46¾p to 120¾p on Friday morning valuing the company’s …

Dragon Oil in Early Stages of Exploring Possible BowLeven Offer – Bloomberg

… stages of exploring a possible offer for BowLeven Plc (BLVN), an oil explorer active in Cameroon. BowLeven shares rose as much as 21 percent in London. To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

Poachers kill 200 elephants in Cameroon – Big Pond

and urged Cameroon’s government to take action. Experts say large seizures of elephant tusks made last year the worst on record since ivory sales were banned in 1989. Renault aims to produce electric cars in China and sell more vehicles … Continue reading

Dragon Oil says mulling approach for Bowleven – YAHOO!

LONDON (Reuters) – Oil firm Dragon Oil said it was considering making a takeover offer for Bowleven, a British company with assets in Cameroon, in a move which would form part of a long-stated plan to expand beyond its Turkmenistan … Continue reading

BowLeven Jumps 20% on Speculation Tullow to Bid for Explorer – Bloomberg

BowLeven Plc, the U.K. oil explorer focused on Cameroon, jumped as much 20 percent in London on speculation that Tullow Oil Plc may bid for the company. The shares jumped as much as 14.75 pence to 88.75 pence in London … Continue reading

BowLeven Jumps 20% on Speculation Tullow to Bid for Explorer – Businessweek

Feb. 17 (Bloomberg) — BowLeven Plc, the U.K. oil explorer focused on Cameroon, jumped as much 20 percent in London on speculation that Tullow Oil Plc may bid for the company. The shares jumped as much as 14.75 pence to … Continue reading

Dragon weighs up bid for UK oil firm – Irish Times

a listed UK oil company with interests in Cameroon. The stock exchange announcement was made by the company yesterday. “Dragon Oil notes the recent movement in Bowleven’s share price and confirms that it is in the preliminary stages of exploring … Continue reading

STOCKS NEWS EUROPE-Bowleven buoyed by takeover rumours – Reuters UK

after several traders cite rumours that oil and gas firm Tullow is due to make an approach for the Cameroon-focused firm. Both Tullow and Bowleven decline to comment on the rumour. “(There is) some suggestion that Tullow may buy Bowleven … Continue reading

MARKET REPORT: BowLeven shares surge after interest from Dragon Oil – This is Money

Shares of the Cameroon-focused oil and gas producer surged to 134.75p before closing 46p or 62 per cent higher at 120p on a hefty turnover of 61m following Dragon Oil’s revelation that it is considering making an offer for the … Continue reading

Dragon Oil weighs up bid for Bowleven – Financial Times

which is controlled by Dubai’s state-owned Emirates National Oil Company, announced it was considering a bid for the Cameroon-focused oil explorer. The approach prompted shares in Bowleven to jump by 46¾p to 120¾p on Friday morning valuing the company …