Up 10% today any interest.

no wonder large buys - 280p target i note:

DJ MARKET TALK: Bowleven Placing May Aid Balance Sheet-Canaccord

0922 GMT [Dow Jones] Bowleven's (BLVN.LN) move to raise $120 million in a share placing to fund its capital requirements and work program for 2012 woukey balance sheet riskld remove a , if the placing closes successfully, says Canaccord Genuity. "With further Sapele-3 [a well site offshore Cameroon] results expected soon and now a five-well drilling campaign expected for 2012, we believe Bowleven is an attractive buy at current levels," says Canaccord. Canaccord estimates a $120 million raising would be 15% dilutive of its current NAV forecast. "We will wait for the placing to close to update our NAV." Buy recommendation, 280p target. Shares down 3.5% at 111p. (ishaq.siddiqi@dowjones.com)

Contact us in London. +44-20-7842-9464

Markettalk.eu@dowjones.com

(END) Dow Jones Newswires

October 19, 2011 05:22 ET (09:22 GMT)

Copyright (c) 2011 Dow Jones & Company, Inc.

dont miss the importance of the big ii buys going through....

cheap as chips right now

going well

wow in profit on today's top up - should have got more!!! yeeeeeeeeeehaaaaaaaaaa

over 10% of current shares in circulation traded so far today - big ii buys included (and some othes to show later) more buys than sells

ticking up nicely - and so it should especially with rns imminent @ td

and that td is only a part not entire scope - wonder if the over subscription here again according to chatter - lol!! :-))))))))))))))))))))))))))))

103p placing - excellent

nice bounce again!

lots of city chatter about blvn lol!! lots of buying from the iis who missed out on the placing - some dont want to miss out completely - yeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaa & kerrrrrrrrrrrrrrchinnnnnnnnnnnnnngggggggggggggggggg

what a great trading day here - up and down like a.....................

yeeeeeeehaaaaaaaaaaaaaaaaaaa

up again

breather & off again!

dont forget rkh raised funds via placing @ 180p last week & today it is 200p+

we have lift off!!!

http://investing.thisismoney.co.uk/broker-views/

barcap 380 target

Oh yes please gibby, could do with a bit of 380. ;))

Mutterings of small AIM oilies becoming targets for bigger fish, BLVN is my one and only AIM oily and is by that measure a stonkingly good target - LoL.

Hoping for 150p in the short term (before year end) based on anticpated news from Sapele.

hi baler - yes me too!!!!! not too fussed could just about live with 379 i suppose :-)))))

agreed pth - aim oilies are targets - eo bit the dust only recently and been swallowed up - be nice if that happened here - and agree 150 short term maybe 200 - looking forward to the expected new here

satisafactory day here - roll on next week

Not many people watching this one....but looking at the chart, there is room for improvement and on thursday a reserve upgrade of a sort is expected......bound to have made losses during the year but with the fund raising, that and future exploration costs should be covered......could be in for a serious sp jump soon....

hi rf - i am as still in - sold half mine at 108 (bit early) now waiting for next news as you say this week due with interims i think - need to check the interim bit - very happy to wait here good stuff coming i would think