Last checked at 2 Jan 2018 07:30
2 January 2018
Bowleven plc ('Bowleven' or the 'Company')
Bomono Farm-out Extension
On 6 March 2017 Bowleven Plc, the African focused oil and gas company, announced that the Company and Victoria Oil and Gas Plc ("VOG"), had signed a farm-out agreement ('the Agreement') relating to the Bomono production sharing contract.
On 17 September 2017 VOG elected to exercise its option to extend the termination date of the Agreement to 31 December 2017.
The Company now confirms that whilst the current agreement lapsed on the 31st December 2017, that discussions continue regarding progressing work with the Government of Cameroon to advance the Bomono project.
ENQUIRIES
For further information, please contact:
Bowleven plc
Eli Chahin, Chief Executive 00 44 131 524 5678
Brunswick Group LLP
Patrick Handley 00 44 207 404 5959
Will Rowberry
Cenkos Securities plc (NOMAD)
Derrick Lee 00 44 131 220 6939
Neil McDonald