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BowLeven – CEO Hart claims ‘delight’ with “farm-out agreement”, who does he think he’s kidding?

By Steve Moore & Tom Winnifrith | Monday 6 March 2017


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Kick-the-board-out requisition-pressured BowLeven (BLVN) CEO Kevin Hart is “delighted to be working together with Victoria Oil & Gas to unlock the potential of Bomono… gaining access to Victoria Oil & Gas’s extensive infrastructure and gas marketing experience”. Hmmm, the market doesn’t seem to share ‘delight’ in the deal from your side though Kevin – shares in BowLeven currently more than 7% lower, whilst those in Victoria Oil & Gas (VOG) more than 12% higher…


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