For investors in Quindell (LSE: QPP) and Afren (LSE: AFR), the present time is one of great uncertainty. Shares in both companies are suspended and it is currently unclear exactly when they will resume trading, with them both experiencing negative news ...
But on the same continent, BowLeven (LSE: BLVN) is looking like a much better prospect. BowLeven has interests in Cameroon and in Kenya, and although it is not in profit at the moment, it had $14m in cash in its books at the end of October with a ...
Africa-focused oil & gas explorer BowLeven (LSE: BLVN) made a game-changing announcement last week. The company revealed that it had sold down its stake in a project off the coast of Cameroon, the offshore Etinde block.
The best way for a beginner to build an oil portfolio is to put together a basket of oil stocks. These stocks should cover all different investing styles, including value, growth, and, of course, income.
This could prove to be an interesting period for investors in BowLeven (LSE: BLVN), with the West Africa focused oil and gas company set to commence drilling onshore Cameroon for the first time later this month.
2014 has been a very challenging year for oil and gas exploration company BowLeven (LSE: BLVN). Indeed, the falling price of oil and another year of losses have contributed to a weak share price that is down 9% today and 23% lower since the start of 2014.
Investor confidence in oil explorer BowLeven (LSE: BLVN) received a shot in the arm today when the firm announced its plan to farm out of a 50% stake of its gigantic Etinde project in Cameroon to LUKOIL and NewAge is now in the final stages.