(Business in Cameroon) - British oil and gas company Bowleven announced October 18 it has completed the drilling of a second well named IE-4 on its 2,316-km² Etinde permit, offshore Cameroon.
This operation announced, early September, to last 90 days was finally completed faster than expected (just over a month). Work was conducted by Schlumberger firm.
“The preliminary test results from IE-4 suggests a very interesting set of results and will add a broader commercial dimension to our Cameroonian acreage,” said Eli Chahin, CEO of Bowleven.
Let’s note that the company holds 25% of the Etinde permit, in partnership with New Age and Lukoil which holds 37.5% of the assets each.
BRM