Project Details: Envoi Limited, Marketing Agent for Bowleven plc, Bomono Concession (Blocks OLHP 1 & 2), Onshore Cameroon
| Company name: | Envoi Limited, Marketing Agent for Bowleven plc |
| Address: | 11 Cowper Road, London, United Kingdom |
| Phone number: | +44 (0)20 8566 1310 |
| E-mail: | Mike Lakin |
| Company Website: | www.envoi.co.uk |
| Project : | Bomono Concession (Blocks OLHP 1 & 2), Onshore Cameroon |
| Type of deal: | Farm out |
| Basin: | Douala Basin |
| Type of project: | Exploration |
| Location (On/Offshore): | Onshore |
| Area: | West Africa |
| Description: | Bowleven wishes to seek a partner for their 100% owned OLHP 1 exploration block, situated in the underexplored but highly prospective area of the Douala basin, onshore Cameroon. Originally awarded to Bowleven in December 2007 for a 5 year exploration term, the planned work programme includes a new 500km 2D seismic programme in late 2009/2010, at an estimated cost of US$ 10 million. This will enable one or more of the 10 mixed structural, stratigraphic and combination leads defined in the existing data to be more accurately mapped with a view to drilling a well before the permit expires in December 2012. Bowleven is offering an equity interest (‘seismic option’ basis) for a suitable contribution to the planned work programme. |
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