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Bowleven
1 North St Andrew Lane
EH2 1HX, Edinburgh
UK
www.bowleven.com
Contact:  
Phone:    +44 131 524 5678
Fax:        +44 131 524 5690
Email:     Send an email

Bowleven, African focused oil and gas company
Bowleven is an African focused oil and gas group, based in Edinburgh and traded on AIM since December 2004. Bowleven holds, through its wholly-owned subsidiary EurOil Limited, a 100% equity interest in the Etinde Permit area comprising three shallow water blocks in offshore Cameroon, West Africa; namely Blocks MLHP-5, MLHP-6 and MLHP- 7. In total Bowleven has approximately 2,316 km˛ of exploration acreage located across the Rio del Rey and Douala basins in the Etinde Permit. The Bowleven group has drilled four wells on the Permit since 2007, all of which have been successful. Following the initial stage of the VEP transaction, EurOil Limited will retain a 75% equity interest in the Etinde Permit and in the event of option exercise by 30 September 2010 this will be reduced to a 50% interest. Under the PSC, SNH also has the right to elect to take a 20% participating interest in development activity on the acreage.

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Bowleven Company Tags: Bowleven Edinburgh, UK, africa, oil, gas, production, exploration, energy

Bowleven categories Bowleven can be found in these categories:
1. exploration and production » oil gas exploration
2. exploration and production » crude oil production







Bowleven products Bowleven Subsea Products:
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