BowLeven Plc Bomono Farm-out Extension (0327S)
September 28 2017 - 2:01AM
UK Regulatory
TIDMBLVN
RNS Number : 0327S
BowLeven Plc
28 September 2017
28(th) 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 31(st) 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
END
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