OTC Markets OTCPK - Delayed Quote • USD BW Energy Limited (BWEFF) Follow Compare 2.0000 0.0000 (0.00%) At close: January 10 at 3:00:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations BW Energy: Mandatory Notification of Trade BW Energy - Mandatory Notification of Trade Carl K. Arnet, CEO of BW Energy Limited (“BWE”), bought 60 000 shares in BWE on 21 November 2024 at an average price of NOK 22.33 per share. Following this transaction, Arnet holds 3,916,010 shares in BW Energy Limited. For further information, please contact: Brice Morlot, CFO BW Energy, +33.7.81.11.41.16 ir@bwenergy.no About BW Energy: BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs th Bw Energy: Third Quarter Results 2024 BW ENERGY: THIRD QUARTER RESULTS 2024 HIGHLIGHTS Q3 EBITDA of USD 130 million and net profit of USD 48.0 million Q3 gross production of 2.9 mmbbls with 2.4 mmbbls net to BW Energy Record operational cash-flow of USD 144.9 million in the quarter Three liftings of 2.5 mmbbls (net BWE) at average realised price of USD ~82/bbl Highest quarterly production since inception from the Dussafu licence Currently producing over 40,000 bbls/day gross at Dussafu On track for completing ESP change-outs in Gabo BW Energy: Invitation to Q3 2024 results presentation 15 November BW Energy: Invitation to Q3 2024 results presentation 15 November BW Energy will release its third quarter 2024 results on Friday, 15 November at 07:30 CET. A conference call followed by Q&A will be hosted by CEO Carl K. Arnet, CFO Brice Morlot and COO Lin G. Espey the same day at 15:00 CET. You can follow the presentation via webcast with supporting slides, available on: Viewer Registration Q3 2024 (webcast.no): https://events.webcast.no/viewer-registration/wRYygbkD/register Call-in information BW Energy Limited: First day of trading of bonds BW Energy Limited – First day of trading of bonds Reference is made to the stock exchange announcement by BW Energy Limited (the "Company") on 31 October 2024 regarding the approval and publication of the Company's prospectus in connection with the listing of a new senior unsecured bond issue with an initial issue amount of USD 100 million with ISIN NO0013259663 on the Oslo Stock Exchange. As of today, the bonds start trading on Euronext Oslo Børs under the ticker code "BWE01". For further infor BW Energy Limited – Prospectus approved for listing of bonds BW Energy Limited – Prospectus approved for listing of bonds Reference is made to the announcement by BW Energy Limited (the "Company") on 7 June 2024 about the successful completion of a new senior unsecured bond issue with an initial issue amount of USD 100 million with ISIN NO 0013259663 (the "Bonds"). The Financial Supervisory Authority of Norway has today approved a prospectus prepared by the Company in connection with the application for admission to trading and listing of the Bonds on the BW Energy: Final agreements signed for Niosi and Guduma Marin Exploration Blocks Offshore Gabon BW Energy: Final agreements signed for Niosi and Guduma Marin Exploration Blocks Offshore Gabon BW Energy is pleased to announce its signing of production sharing contracts (PSCs) for the exploration blocks Niosi Marin and Guduma Marin (formerly named G12-13 and H12-13) with Gabon’s Petroleum Minister and Minister of Economy. BW Energy holds 37.5% working interest and is the operator of the blocks, which significantly expands the resource base for infrastructure-led exploration in Gabon. The blo BW Energy: Q3 2024 trading update BW Energy: Q3 2024 trading update BW Energy will publish financial figures for Q3 2024 on Friday, 15 November 2024. Net production to BW Energy was 2.4 million barrels of oil (bbls) in Q3 2024, equal to 25,570 bbls per day, from the Dussafu licence in Gabon (73.5% working interest) and the Golfinho field (100% working interest) in Brazil. Volume (mmbbls) Q3 2024 Q2 2024 Net production 2.4 2.1 Dussafu 1.9 1.4 Golfinho 0.5 0.7 Net volume sold 2.5 1.9 Dussafu* 2.0 0.9 Golfinho 0.5 1.0 Average reali BW Energy: Company Presentation Pareto Securities' Energy Conference 2024 BW Energy: Company Presentation Pareto Securities' Energy Conference 2024 Company presentation BW Energy is presenting at the Pareto Securities' Energy Conference today. Please see the attached presentation. The presentation references current gross production at the Dussafu field of approximately 35,000 barrels per day. For further information, please contact: Brice Morlot, CFO BW Energy, +33.7.81.11.41.16 ir@bwenergy.no About BW Energy: BW Energy is a growth E&P company with a differentiated s BW ENERGY: MANDATORY NOTIFICATIONS OF TRADE BW ENERGY: MANDATORY NOTIFICATIONS OF TRADE BW Group Limited ("BW Group") has acquired 5,440,887 shares in BW Energy Limited ("BW Energy") at a price of NOK 25 per share, and has agreed to sell the same number of shares at the same price to BW Energy Holdings Limited ("BWE Holdings"). Following these transactions BWE Holdings will own 197,343,997 shares (approximately 76.49%) in BW Energy. BW Group will not hold any shares in BW Energy. BW Group and BWE Holdings are close associates of Andreas S BW Energy: Second Quarter and First-Half 2024 Results BW ENERGY: SECOND QUARTER AND FIRST-HALF 2024 RESULTS HIGHLIGHTS Q2 2024 EBITDA of USD 75.9 million and net profit of USD 14.5 millionH1 2024 EBITDA of USD 185.6 million and net profit of USD 61.9 millionH1 2024 gross production of 5.7 million barrels with 4.6 million barrels net to the CompanyOperating cash flow of USD 85.1 million and cash position of USD 244.2 million at 30 JuneFirst oil from Hibiscus South in early March, five months after initial discoverySecond Hibiscus South well confirms BW Energy: Invitation to Q2 2024 results presentation 29 August BW Energy: Invitation to Q2 2024 results presentation 29 August BW Energy will release its second quarter and first half 2024 results on Thursday 29 August at 07:30 CEST. A conference call followed by Q&A will be hosted by CEO Carl K. Arnet, CFO Brice Morlot and COO Lin G. Espey the same day at 14:00 CEST. You can follow the presentation via webcast with supporting slides, available on: Viewer Registration Q2 2024 (webcast.no): https://events.webcast.no/viewer-registration/G1jDKWP1/register Call BW Energy: Long-Term Incentive Program – new awards BW Energy: Long-Term Incentive Program – new awards The Board of Directors of BW Energy Limited ("BWE" or the "Company") approved the award of share options under a Long-Term Incentive Program (LTIP) adopted on 19 May 2021 to align the interests of the participating employees with those of the Company's shareholders. This year is the fourth annual award under the LTIP. The LTIP is discretionary, and participants are invited on an annual basis. The total number of shares awarded under the LTIP fo BW ENERGY COMPLETES ACQUISITION OF SECURITIES OF RECONNAISSANCE ENERGY BW ENERGY COMPLETES ACQUISITION OF SECURITIES OF RECONNAISSANCE ENERGY Oslo, Norway – (August 1, 2024) – BW Energy Limited ("BW Energy") announces that it has acquired indirect beneficial ownership of an aggregate of 17,600,000 common shares ("Common Shares") and 17,600,000 common share purchase warrants ("Warrants") of Reconnaissance Energy Africa Ltd. (the "Company"). BW Energy, indirectly through its wholly owned subsidiary BW Energy Services Limited ("BWESL"), acquired the Common Shares and BW Energy completes farm-in and acquisition of securities of Reconnaissance Energy BW Energy completes farm-in and acquisition of securities of Reconnaissance Energy (With reference to stock exchange release dated 17 July 2024 regarding Letter Agreement to acquire shares in Reconnaissance Energy Africa Ltd. and 20% interest in onshore exploration license PEL 73 in Namibia) BW Energy Services Limited, a wholly owned subsidiary of BW Energy Limited ("BW Energy"), has acquired an aggregate of 17,600,000 common shares ("Common Shares") and 17,600,000 common share purchase warrants ReconAfrica Announces Closing of C$39 Million Underwritten Public Offering, led by C$22 Million Strategic Investment from BW Energy Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to announce that it has completed its previously announced C$35 million underwritten public offering (the "Offering") of units of the Company (the "Units") at a price of C$1.25 per Unit, and together with the partial exercise of the over-allotment option, for aggregate gross proceeds of approximately C$38.8 million. BW Energy Limited ("BW Energy") (OSE: BWE) participated in RECONAFRICA ANNOUNCES ANNUAL FILINGS AND CORPORATE UPDATE Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces the filing of annual disclosure documents for the year ended March 31, 2024, including audited annual consolidated financial statements, management's discussion and analysis ("MD&A"), annual information form ("AIF"), annual statement of reserves data and other oil and gas information under National Instrument 51-101 ("NI 51-101 Report") and estimates of prospective resources BW Energy: Q2 2024 trading update BW Energy: Q2 2024 trading update BW Energy will publish financial figures for the second quarter and first half year of 2024 on Thursday, 29 August 2024. Net production to BW Energy was 2.14 million barrels of oil in the second quarter of 2024. This includes production from the Tortue, Hibiscus and Hibiscus South fields in the Dussafu licence (73.5% working interest) and production from the Golfinho field (100% working interest). DUSSAFU Production from the Dussafu licence was 1.41 million barr BW Energy: Signs Letter Agreement to acquire shares in Reconnaissance Energy Africa and 20% interest in onshore exploration license PEL 73 in Namibia BW Energy: Signs Letter Agreement to acquire shares in Reconnaissance Energy Africa and 20% interest in onshore exploration license PEL 73 in Namibia BW Energy has signed a Letter Agreement (“LA”) with Reconnaissance Energy Africa Ltd (“ReconAfrica”) to acquire approximately 16.8 million common shares and 16.8 million warrants for a total consideration of USD 16 million in ReconAfrica’s announced equity raise. By participating in the equity raise, BW Energy will also receive a 20% non-operating ReconAfrica Announces a Strategic Partnership with BW Energy to Explore Onshore Namibia and Concurrent C$35 Million Overnight Marketed Offering, Led by C$22 Million Strategic Investment from BW Energy NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, July 16, 2024 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces it has signed a letter agreement (“Letter Agreement”), for a strategic farm down of Petroleum Exploration Licence 73 (“PEL 73”), onshore Namibia with BW Energy Limited (“BW Energy”) (OSE: BWE), for a 20% working interest. In connection with Bw Energy – Mandatory Notifications of Trade and Disclosure of Shareholding BW ENERGY – MANDATORY NOTIFICATIONS OF TRADE AND DISCLOSURE OF SHAREHOLDING Reference is made to the stock exchange announcement published on 6 May 2024 regarding the planned corporate restructuring of BW Group Limited's ("BW Group") ownership in BW Energy Limited ("BW Energy") from the maritime business held by BW Group, and the exemption from mandatory offer obligation granted in connection therewith. BW Group has today, as part of the above corporate restructuring, sold all of its shares in B Performance Overview Trailing total returns as of 1/10/2025, which may include dividends or other distributions. Benchmark is OBX Total Return Index Return BWEFF OBX Total Return Index YTD 0.00% +4.37% 1-Year -27.01% +16.48% 3-Year -39.39% +28.80%