Bowleven granted Bomono licence extension, onshore Cameroon

Bowleven granted Bomono licence extension, onshore Cameroon

Bowleven, the Africa focused oil and gas exploration group traded on AIM announces that it has been awarded a one year extension to the existing Bomono exploration licence, onshore Cameroon, pending the final award of an Exploitation Authorisation (EA).
The Bomono Exploitation Authorisation Application (BEAA) was submitted to the Cameroon authorities prior to the formal expiry of the exploration licence on 12 December 2015 to enable the progression of development activities.
The interim extension award ensures that the Group’s interest in the acreage is maintained while dialogue is ongoing with the Cameroon authorities on the BEAA.
Source: Bowleven
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