Bowleven drills first of two exploration wells in Cameroon

Bowleven has drilled the first well in a two exploration well program to its planned total depth (TD) and logged, in Bomono permit, Cameroon.

Hydrocarbons were encountered in the prognosed Paleocene (Tertiary) aged reservoir intervals and detailed log evaluation is being undertaken. The rig will now be moved to the Moambe well location as planned.

Moambe, located just over two kilometres east of Zingana, is a previously undrilled Paleocene (Tertiary) aged robust three-way dip closed fault block. As previously outlined, the intention is to drill, log and evaluate both wells prior to determining any testing plan.

Further update announcements will be made in due course, as appropriate. Kevin Hart, Chief Executive, said:

"We are encouraged by the well results to date at Zingana. The evaluation of log and well data acquired at Zingana is continuing and we are now looking forward to drilling the second exploration well in the programme, Moambe."