Preliminary 12 Results Presentation th Africa Independents Forum 2015 Shareholders Regional Meeting For the year ended 30 June 2013 23 September Kevin Hart, 2014 Chief Executive Officer
Company Overview Vision It is our vision to build an African focused exploration and production company which in time becomes renowned for its ability to consistently create and realise material shareholder value through…
Company Overview Recent Highlights Completed farm-out of Etinde with global E&P company and recognised local operator. Consideration from farm-out significantly strengthens balance sheet and provides carry for two appraisal…
Asset Overview - Balanced Portfolio Development Early Stage Exploration Etinde Bomono Block 11B Blocks 25, 28 & 29 Cameroon Cameroon Kenya Zambia . 3 blocks covering Exploitation Authorisation Onshore extension of Block 11B…
Etinde: Convert Resources to Reserves Etinde Exploitation Expanded joint venture well placed to progress Resources to Reserves. Farm-out to New Age and LUKOIL combines: Etinde Local knowledge and experience. Bowleven 20% inte…
Etinde Development Stage 1 - Fertiliser Sufficient gas volumes to support fertiliser plant. Dry gas to fertiliser plant: 70mmscfd. Gas sales agreement (GSA) negotiations well advanced (20 year supply). Initial liquids production:…
Etinde: Additional Resource through Appraisal Drilling Intra Isongo Potential IM-5 IM-5 well opened the Intra-Isongo play. Seismic response correlates with thick, reservoir quality Upper Isongo sands, identifying significant…
Bomono Operational Update Rig assembled at Zingana location. Supporting AODL, drilling contractor, to resolve mechanical issues. Site preparation at 2nd well site, Moambe, nearing completion. Two well drilling programme due…
Bomono: Exploration Targets Oil Potential SW Zingana-1 Moambe-1* NE Focused on the deeper D&E sands. Bo-03 (yellow) Zingana and Moambe targeting medium risk 50-100mmbbl gas in B & C sds STOIIP pools (P50-Mean range) in each…
New Ventures & Other Opportunities Approach Counter cyclical investment. Be opportunistic while costs are low. Exercise capital discipline. Expand portfolio with only very attractive opportunities. Dependent on outcome of…
Principal Contact: Kerry Crawford Tel: +44 131 524 5678 Kevin Hart Tel: +44 131 524 5678 infobowleven.com www.bowleven.com Bowleven Plc. The Cube 45 Leith Street Edinburgh EH1 3AT United Kingdom
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