LONDON, Nov 2 (Reuters) - Africa-focused oil and gas exploration company Bowleven Plc said its annual pretax loss narrowed slightly helped by a stronger dollar.
AIM-listed Bowleven posted a pretax loss of $10.2 million in the year to end June from a loss of $10.9 million the previous year. It took a $50.5 million impairment charge after deferring activities at the EOV asset in Gabon to 2010.
Shares in the group closed at 87.25 pence on Friday, valuing it at 168 million pounds ($278 million)
The shares rose as high as 116 pence this year boosted by offer talks before falling back after the unnamed party terminated discussions in April.
(Reporting by Julie Crust; editing by Rhys Jones)
($1=.6041 Pound) Keywords: BOWLEVEN/

(julie.crust@thomsonreuters.com; +44 207 542 3847)

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