Bowleven Spuds Moambe Well Onshore Cameroon

Africa-focused oil and gas exploration company Bowleven announced Wednesday that drilling operations have commenced at the Moambe exploration well on the Bomono Permit, onshore Cameroon.

The latest update follows the news on July 24, 2015 that Bowleven discovered hydrocarbons at Zingana, the first of a two well exploration program on the Bomono Permit. Moambe, the second of the two well program, is located just over one mile east of Zingana and is a previously undrilled Paleocene (Tertiary) three-way dip fault block targeting multiple sands. The Moambe well will be drilled to an estimated target depth of 5,314 feet.

Bowleven said in a company statement that both wells will be drilled, logged and evaluated prior to determining any testing plan. Further petrophysical evaluation on the Zingana discovery well is currently underway and, as planned, the well has been suspended to enable future re-entry and testing.

Bowleven holds a 100 percent interest in the Bomono Permit.



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