Overview focused on Africa It is our vision to build a focused exploration and production company which in time becomes renowned for its ability to consistently create and realise material shareholder value through exploration led…
Asset overview Etinde: farm-out significantly strengthened balance sheet with appraisal well carry and deferred cash receipt to follow Bomono: exploration wells drilled at two Benin locations, both encountering hydrocarbons. Nigeria…
Near-term business objectives Maximise the value of Etinde Ensure appraisal drilling (if required) is carried out as soon as possible Work towards prompt development alignment FID to be achieved quickly thereafter Secure early cash…
Etinde exploitation JV is aligned and focused on a field development plan which achieves earliest monetisation and delivers the full potential of Etinde to underpin domestic and international offtake markets Cameroon Technical…
Etinde additional resource through appraisal drilling Seismic Amplitude Intra Isongo Intra Isongo world-class potential IM-5 well opened the Intra-Isongo play Seismic amplitude response reveals the sandstone distribution at Intra…
Bomono Ministerial approval obtained for a 2 year Exploration Authorisation extension A Provisional Exploitation Authorisation (PEA) has been submitted to allow Bomono resources to be commercially produced to the domestic market.…
New ventures Focused on sub-Saharan Africa but also 50 opportunities identified looking further afield Seeking to acquire long term stable production base to cover G&A ideally via 30 merger with upside potential rejected on…
Financial position and G&A Strong balance sheet with c.95 million cash at 31 December 2016 No debt and no outstanding work programme commitments 7.8m shares purchased under share buyback programme at total consideration of 2.6m1…
Executive Summary Management continue to work hard to execute the approved strategy for the benefit of all shareholders, encompassing 4 key deliverables: 1. Maximise the value of Etinde 2. Secure PEA and farm-out Bomono 3. Acquire…
Principal Contacts: Katie Gammie (IR Manager) Kerry Crawford (CFO) Kevin Hart (CEO) b wleven oil & gas Tel: +44 131 524 5678 infobowleven.com www.bowleven.com Bowleven plc Rosebery House 9 Haymarket Terrace Edinburgh…
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