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Bowleven gets another year for onshore Bonomo Permit in Cameroon

09th December 2014

Bowleven has announced that the the Cameroon authorities have granted a one year extension to the Bomono exploration licence, onshore Cameroon, to 12 December 2015 to allow for the completion of operations

Bowleven gets another year for onshore Bonomo Permit in Cameroon
The site for the first exploration well (Zingana-1) has been prepared for drilling and Bowleven is now preparing for site preparation and civil engineering activities at the planned second well location (Moambe-1)

As previously announced, preparations for a two well exploration drilling programme on Bomono are underway.

The rig has been mobilised to Cameroon and drilling operations are expected to commence around the end of the year.

The Bomono Permit is located in the onshore extension of the Douala Basin. The acreage is characterised by numerous surface oil seeps but is largely unexplored by modern exploration methods.

Multiple Tertiary and Cretaceous prospects and leads have been identified.

The Bomono permit is located to the north-west of the city of Douala, onshore Cameroon. Wells drilled in the 1950s and surface oil seeps proved an active hydrocarbons system within the Permit.

During the first exploration phase of the permit, the group acquired 500 kilometres of 2D seismic and a full set of surface samples for geochemical analysis. An extensive update to the interpretation, mapping and volumetrics has been completed and evaluation has revealed multiple prospects and leads with both Tertiary and deeper Cretaceous aged targets identified.

The permit is now in the second exploration phase of the PSC.

This phase includes a commitment to drill two wells by December 2014.

Drilling locations for both exploration wells have been selected and the detailed planning and engineering required in advance of drilling operations are being progressed. The site for the first exploration well (Zingana-1) has been prepared for drilling and Bowleven is now preparing for site preparation and civil engineering activities at the planned second well location (Moambe-1).

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