(Business in Cameroon) - Kevin Hart, CEO of Bowleven, a British oil and gas company which, with its partners Lukoil, SNH and New Age operates the Etindé permit covering 2,316 km2 on Cameroonian offshore, claims having made “constant progress” toward the “objective of converting the reserve resources in Cameroon, despite the difficult macroeconomic environment”. This declaration is in the activity report as at end June2016 of this oil and gas firm, made public on 8 November.

Bowleven’s CEO appears particularly optimistic on the exploration activities on the Etindé permit as, he reveals, his partners and himself are targeting additional volumes which could reach 2 billion cubic feet of gas on this permit.

 It is the reason for which, as Kevin Hart says, Bowleven “wants to drill two wells as soon as possible”, as part of the continuation of this exploration project. These “appraisal wells”, initially announced for 2016, but finally postponed to 2017, target “the important upward potential identified in the intra Isongo interval reservoir”, highlighted Bowleven in its activity report as at 30 June 2015.

Brice R. Mbodiam

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30-03-2016 - Bowleven annonce le début d’un forage d’évaluation sur son permis Etindé au Cameroun en 2017

03-10-2016 - Lukoil et New Age renforcent la trésorerie de Bowleven, pour la réalisation de ses opérations d’exploration au Cameroun