Bowleven holds, through its wholly-owned subsidiary First Africa Oil, a 100% equity interest in the EOV offshore block in Gabon - which contains an existing oil discovery that it is seeking to develop and surrounding exploration acreage, including the NW Kowe prospect, - and a 50% equity interest in the Epaemeno Block, which is 1,340 km˛ of exploration acreage in onshore Gabon and sits adjacent to a number of recent discoveries in surrounding blocks.
East Orovinyare Permit
- Exploitation permit over entire 105 km2 block;
- EOV Oil field discovered by Marathon in 1998;
- Field located 6 miles offshore in 65ft of water;
- 6 to 12 mmbl oil estimated contingent resource;
- Exciting NW Kowe exploration prospect with mean in place volumes of 234 mmbl.
Epaemeno Permit
- 1,340 km2 acreage;
- Lies on trend with numerous producing fields and recent discoveries;
-
600 km2 of 2D seismic recently acquired, processing and interpretation underway.
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