Oil

STOCKS NEWS EUROPE-Bowleven jumps on takeover hopes – Reuters UK

could be interested in approaching the Cameroon-focused oil explorer. Westhouse Securities analyst Andrew Matharu believes it’s likely that other companies are weighing up approaches for Bowleven. “I think it’s wide open. I think there’s a lot …

Nigeria: Caverton, Country Helicopter Firm, Begins International Operations – AllAfrica.com

Caverton, a leading provider of aviation services to the oil and gas sector in Nigeria, will from next month expand its operations to Cameroon as it has signed a five-year contract with the Cameroon Oil Transportation Company (COTCO). According to … Continue reading

Takeover Bids Boost Oil Shares – Motley Fool UK

Small oil companies generally don’t have enough money to develop … nice fit as Bowleven could draw upon Dragon’s cash stockpile to develop its discoveries in Cameroon and Gabon far more quickly than it could do under its own steam. … Continue reading

Caverton, Nigerian Helicopter Firm, Begins International Operations – THISDAY Live

Caverton, a leading provider of aviation services to the oil and gas sector in Nigeria, will from next month expand its operations to Cameroon as it has signed a five-year contract with the Cameroon Oil Transportation Company (COTCO). According to … Continue reading

Exxon’s Cotco Signs Transport Deal With Caverton Helicopters – Bloomberg

Caverton Helicopters, which services Nigeria’s oil and gas industry, signed a five-year deal with the Cameroon Oil Transportation Co., or Cotco, for pipeline surveillance and passenger transfer services, it said. Caverton will mainly secure …

Caverton Helicopters to commence int’l flight next month – Vanguard

Lagos – Caverton Helicopters, a leading provider of aviation services to the oil and gas sector in Nigeria, will from next month, expand its operational reach beyond the country when it commences a five-year contract with the Cameroon Oil Transportation … Continue reading

Energy companies are fighting efforts to reveal payments to governments – Economist.com

IF OIL, gas and mining firms revealed their payments to governments … In countries such as Angola, Cameroon, China and Qatar they may clash with local secrecy laws. They can cause security problems, discourage investment in poor countries and …

Victoria Oil & Gas well placed to benefit from strong projected demand growth from its Logbaba development – Oilvoice.com

A little more than two years after spudding its first Cameroon well, Victoria Oil & Gas (VOG) reached first commercial production from its Logbaba facility on 17 December 2011. This is the first step in a phased development to increase … Continue reading

SMALL CAP MOVERS: Takeover fever grips AIM’s oil companies – This is Money

Dragon Oil confirmed it was mulling an offer to buy Cameroon focused explorer Bowleven (up 1 per cent today, at 119.75p), and Shell swooped for Cove Energy (up 2 per cent today, at 198.25p). Bowleven has been out of favour … Continue reading

Bowleven suitor Dragon Oil posts record results – Herald Scotland

Dragon, majority owned by Dubai’s Emirates National Oil Company, confirmed last week it was in the early stages of making an offer for Edinburgh-based Bowleven, which has the bulk of its interests in Cameroon.