Up 10% today any interest.

moving on up now caused a but of interest

Looks like it has broken out of the fund selling.

33p finish up 30% today I guess the funds have sold out now.

Should add 12 p Tuesday if the trend continues will watch .

Rbs cuts BowLeven PLC price target to 200P from 320P; rating buy

Still a huge price nevertheless I'll be happy with 50p.

up 205 in last mins should pass 40p today I guess the FT comment has no doubt.

Date: Tuesday 09 Dec 2008

LONDON (ShareCast) - Bosses at Bowleven have bought into the West Africa focused oil firm, led by chief executive Kevin Hart, who took 900,000 shares at 27p a time.

Hart spent a total of 243,000 on shares. He was joined by chairman Ronnie Hanna, who acquired 110,000 shares at 27p each.

In addition, Chief Tabetando, Chairman of EurOil, bought 36,000 shares, exploration director Ed Willett took 40,000 shares, Commercial Director/Company Secretary Peter Wilson acquired 64,000 shares and non-executive director Caroline Cook purchased 50,000 shares, all for 27p each.

Top Director Buys

BowLeven (BLVN)
Director name: Mr Kevin Hart
Amount purchased: 900,000 @ 27.00p
Value: 243,000

BowLeven (BLVN)
Director name: Mr Ronnie Hanna
Amount purchased: 110,000 @ 27.00p
Value: 29,700

RNS Number : 7487L
BowLeven Plc
16 January 2009


16 January 2009

Bowleven plc ('Bowleven' or the 'Company')

DIRECTORS' INTERESTS

The Company announces that on 15 January 2009 the following share purchases were made by Directors of Bowleven plc:-

Ronnie Hanna, Chairman of the Company, acquired 50,000 ordinary shares in the Company at a price of 34.67p per share. Following this transaction, Ronnie Hanna's total shareholding in the Company is 310,125 shares, representing 0.35% of the issued share capital of the Company.

Kevin Hart, Chief Executive of the Company, acquired 350,000 ordinary shares in the Company at a price of 34.67p per share. Following this transaction, Kevin Hart's total shareholding in the Company is 1,650,000 shares, representing 1.89% of the issued share capital of the Company.

Peter Wilson, General Counsel, acquired 50,000 ordinary shares in the Company at a price of 34.67p per share. Following this transaction, Peter Wilson's total shareholding in the Company is 189,000 shares, representing 0.21% of the issued share capital of the Company.

ENQUIRIES

For further information please contact:

Bowleven plc
Kevin Hart, Chief Executive Officer Tel: +44 131 524 5656
Kerry Crawford, Deputy Finance Director/ Tel: +44 131 524 5673
Head of Investor Relations

Brunswick Group LLP
Patrick Handley Tel: +44 207 404 5959
Deborah Spencer

RBS Hoare Govett Limited
Andrew Foster Tel: +44 207 678 80


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2006 MoneyAM

It has been announced that Corran Morrow, Executive Director has bought 34,894 shares in the company on the 19th January 2009 at a price of 42.50p. Corran Morrow now holds 63,663 shares representing 0.07% of the shares in issue.



For more Director Deals, visit Director Deals

MoneyAM
"Oil explorer Bowleven has confirmed that it has received a possible cash offer which the directors would recommend.

The firm said the possible 150p per share offer is subject to customary waivable pre-conditions, including satisfactory completion of due diligence and final board approval of the potential offeror.

It said there can be no certainty that any offer will ultimately be made for the company or as to the terms on which any such offer might be made, even if the pre-conditions are satisfied or waived."

Best take the money off the table.

Best who takes what money off which table?

Sell in the Market Harry take a profit.

good call mitzy

Up another 10%

If the target price is 150p, I couldn't understand selling at 107p. But what do I know???

could be a bidding war......150p seems a certainty as credit suisse got big holding and now peter levine in on the game

should say 150p a certainty but could go much higher

MoneyAM
"African focused oil and gas company Bowleven reports a first half pre-tax profit of $82.7m compared with a loss of $6.6m in 2007.
Profit per share in the six months to the end of December was $0.95 compared with a loss of $0.09 last time.

It said the last six months ha dseen a stark continuation of the global slowdown but amid these extremely challenging conditions the group has continued to perform well, with substantial progress on the evaluation of its asset portfolio and the preparations for its forthcoming exploration and appraisal programme.

Last week Bowleven received a possible cash offer of 150 pence per ordinary share. "

so whats happening now, where will this go ....?