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Bomono Farm-out Extension

28 Sep 2017 07:00

RNS Number : 0327S
BowLeven Plc
28 September 2017
 

 

 

 

 

 

 

28th September 2017

 

Bowleven plc ('Bowleven' or the 'Company')

 

 

Bomono Farm-out Extension

 

On 6 March 2017 Bowleven plc, the Africa focused oil and gas exploration group, announced that the Company and Victoria Oil & Gas Plc ('VOG'), an integrated energy company with operations in Cameroon, had signed a farm-out agreement ("the Agreement") relating to the Bomono production sharing contract ('Bomono PSC').

 

The Company is pleased to confirm that discussions regarding the proposed farm-out are progressing and Bowleven and VOG continue to work with the Government of Cameroon to advance the Bomono project. Consequently, VOG has elected to exercise its option to extend the termination date of the Agreement to 31st December 2017.

 

Further details on the Agreement are set out in the RNS made by the Company on 6 March 2017.

 

ENQUIRIES

For further information, please contact:

Bowleven plc

Christopher Ashworth, Chairman 00 44 131 524 5678

Eli Chahin, Chief Executive

 

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

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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