Oil
MARKET REPORT: Oil punters get burnt by Dragon Oil as it walks away from BowLeven – This is Money
Shares of the Cameroon-focused oil and gas producer crashed to 84.9p on hearing that Dragon Oil was no longer exploring an offer for the company before closing 32.25p or 24 per cent lower at 102.5p. Brave punters had earlier chased … Continue reading
Small caps: Bowleven takeover talks fail – Financial Times
Bowleven plunged 24 per cent to 102p on Tuesday after Dragon Oil said it was no longer interested in acquiring the Cameroon-focused oil explorer. Shares in Bowleven had risen as high as 153p in opening trade as talk of a … Continue reading
Bowleven wilts as Dragon Oil turns away – Financial Times
which is controlled by Dubai’s state-owned Emirates National Oil Company, said it was dropping plans to bid for the Cameroon-focused oil explorer. Dragon’s initial approach a fortnight ago for Edinburgh-based Bowleven pushed its shares up 46p …
Oil Stocks AAPH, ERHE and DBRM Have Produced News But Can They Produce a Gusher? – Small Cap Network
it’s a landlocked Sub-Saharan African country that borders three other African oil producers (Cameroon, Nigeria and Sudan). This means that ERHC Energy has diversified their portfolio beyond the Gulf of Guinea and are now one of the biggest holders of … Continue reading
BowLeven Drops After Dragon Oil Says No Longer Exploring Offer – BusinessWeek
Feb. 28 (Bloomberg) — BowLeven Plc, the U.K. oil explorer focused on Cameroon, plunged after Dragon Oil Plc said it’s no longer exploring an offer for all of the company. Shares fell 24 percent, the most since April 2009, to … Continue reading
BowLeven Drops After Dragon Oil Says No Longer Exploring Offer – Bloomberg
BowLeven Plc (BLVN), the U.K. oil explorer focused on Cameroon, plunged after Dragon Oil Plc (DGO) said it’s no longer exploring an offer for all of the company. Shares fell 24 percent, the most since April 2009, to trade at … Continue reading
RPT-UPDATE 1-Dragon Oil drops bid interest in Bowleven – Life Style Extra
ragon said, leaving the way open for others interested in Bowleven’s exploration assets offshore Cameroon. ‘The board of Dragon Oil announces that it is no longer exploring an offer for all of the issued and to be issued share capital … Continue reading
UPDATE 1-Dragon Oil drops bid interest in Bowleven – Life Style Extra
ragon said, leaving the way open for others interested in Bowleven’s exploration assets offshore Cameroon. ‘The board of Dragon Oil announces that it is no longer exploring an offer for all of the issued and to be issued share capital … Continue reading
Dragon Oil drops interest in Bowleven – BBC News
The company said it had enjoyed successful multi-well exploration and appraisal drilling off Cameroon during the year, with oil finds at all of the Sapele wells it had drilled.
UPDATE 1-Dragon Oil drops bid interest in Bowleven – Reuters India
LONDON Feb 28 (Reuters) – Turkmenistan-focused Dragon Oil will not make a bid for Bowleven, Dragon said, leaving the way open for others interested in Bowleven’s exploration assets offshore Cameroon. “The board of Dragon Oil announces that it is …