Up 10% today any interest.

was walked down far too much

Help Bowleven
www.bowleven.com
Bowleven holds a 100% interest in the Etinde Permit and Bomomo Permit in Cameroon and has entered into a co-operation agreement with the Government of Equatorial Guinea to investigate a project to export gas from Cameroon to the gas liquefaction plant on Bioko Island on Equatorial Guinea.

Bowleven also holds a 100% interest in the EOV offshore block in Gabon, which contains an existing oil discovery that it is seeking to develop, and a 50% equity interest in the Epaemeno Block, onshore Gabon and sits adjacent to a number of recent discoveries in surrounding blocks.


.Full Bowleven profile here
BowLeven rallies on Cameroon oil find
9:00 am by Sergei Balashov The Sapele-3 well has encountered 11 metres of log evaluated hydrocarbon pay in high quality sandstone reservoirs within the same interval intersected by previous Sapele wells BowLeven (LON:BLVN) saw its share price increase by over 20 percent this morning after its Sapele-3 well on the Etinde permit offshore Cameroon discovered oil and gas condensate.

Importantly, the well has shown that the Deep Omicron interval extends considerably beyond the currently mapped area, which BowLeven says has significant implications for the prospectivity potential of both block MLHP-5 and MLHP-6.

The Sapele-3 well has encountered 11 metres of log evaluated hydrocarbon pay in high quality sandstone reservoirs within the same interval intersected by previous Sapele wells.

In addition, the well encountered a further 24 metres of net sand, of which 11 metres is currently interpreted as having either a high residual hydrocarbon or a hydrocarbon bearing response from logs.

BowLeven is set to evaluate the interval to determinate whether it is hydrocarbon pay.

Sapele-3 has also made a promising gas condensate discovery at the D1-r interval, which warrants further evaluation.

The well is currently two thirds through the Deep Omicron interval and since the reservoir quality at the current total depth is excellent, BowLeven has decided to restart drilling to the base of the interval.

The results at Sapele-3 represent another step towards our overarching strategy of converting resources to reserves whilst highlighting the extensive exploration potential in the basin. We look forward with eager anticipation to the further drilling planned at Sapele-3, said chief executive of BowLeven Kevin Hart.

The well was initially designed to target the shallower Miocene play, but due to optimised well design it has also been possible to deepen the well into what is the Deep Omicron equivalent interval encountered with previous Sapele wells.

BowLeven noted that as its joint venture partner Vitol has elected not to participate in the drilling of the Sapele-3 exploration well, it is drilling the well on a sole risk basis.

Investors cheered the update, sending shares in BowLeven up 23 percent to trade at 92.5 pence, giving the company a market cap of 199.9 million.

fantastic end to the week - still going strong!!

They need another 100m!!!! Question is, at what price, assuming they go cap in hand to shareholders?

hc - this is true which is why i sold half my holding at 108 this morning - i think a lot of people have over looked this point - i am again looking for weakness here to get back in - nice business LOL!

but expecting some dilution here and now sp has risen that might be sooner than we thought maybe

on the bbc!!

http://www.bbc.co.uk/news/uk-scotland-scotland-business-15305482

still edging north

look like gonna stay strong to the bell - great stuff!! monday will bounce again imo
i would not want to be outta blvn this weekend LOL

&

14th October 2011

RBS BowLeven PLC 14/10/11 13:40

Retains

Buy Buy

250.00 250.00

GBP

Citigroup BowLeven PLC 14/10/11 11:30

Retains

Buy Buy

247.00 247.00
GBP

Evolution Securities BowLeven PLC 14/10/11 11:27

Reiterates

Buy Buy

400.00 225.00

GBP

kerrrrrrrrrrchinnnnnnnnnnnnnnnnnnggggggggggggggggggggggggggggggggggggggg

gibby, well done, my brother took an early entry today.

thanks dc - hope you had a good day too
i am also pleased to see rmp / rrl returning nearer to where they should be - great day there too today - great end to he week - in fact a great week - hope things good for you also

Thanks gibby

you are welcome

yeeeeeeeeehaaaaaaaaaaaaaaaaa 120 nearly here

6 v 1
not even reched the last hour yet
dont forget mondayyyyyyyyyyyyyyyyyyyyy

yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

LOL LOL LOL 120+ breached - great week!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

wonder if i can have the half i sold for 108 back!! lol

not greedy though at least my other half flying even further now

Incredible.

Excellent,especially in the present market.