Oil strike, pre-sounding help Bowleven to $120m block

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Oil strike, pre-sounding help Bowleven to $120m block

Bowleven, a West Africa-focused oil explorer listed on AIM, raised 36% of its existing share capital in a placing on Wednesday morning after its joint bookrunners pre-sounded the $120m deal with core investors and took indicative orders for the whole deal size.

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