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BOWLEVEN PLC IS AN AFRICAN OIL & GAS GROUP AND IS LISTED ON AIM

Bowleven is a West Africa focused oil and gas group, based in Edinburgh. The Company has traded on AIM since December 2004. It holds equity interests in offshore and onshore exploration acreage in Cameroon and Gabon.

 

Bowleven holds a 75% equity interest in the Etinde Permit, being three shallow-water blocks offshore Cameroon, West Africa: namely blocks MLHP-5, MLHP-6 and MLHP-7. The Etinde Permit covers approximately 2,316 km˛ of exploration acreage located across the Rio del Rey and Douala Basins. As well as contingent resources on blocks MLHP-7 and MLHP-5, the acreage has very attractive exploration potential. Bowleven also holds a 100% equity interest in the Bomono Permit, onshore Cameroon, comprising approximately 2,328 km2 in the Douala Basin. Both Permits are operated by Bowleven through its wholly owned subsidiary EurOil Limited.

 

Through its subsidiary FirstAfrica Oil Limited, Bowleven holds a 100% equity interest in the EOV Permit, offshore Gabon. Bowleven has reached an agreement in principle with a third party for the sale of the group company which holds the EOV Permit. Completion of the sale is expected to take place by the end of 2011.

 

There is an extensive multi-well appraisal and exploration programme planned on its acreage during 2012.

News

Director's Interest

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Directors Share Dealings

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Further discovery at Sapele-3, 24 November 2011

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Presentations

Capital Markets event, 24 January 2012

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Capital Markets event presentation, 24 January 2012

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Morgan Stanley Exploration & Production Conference, 10 January 2012

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Macqaurie O&G Explorers Conference, 9 January 2012

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