Bowleven’s strategy is focused on positioning the Company for future growth and creating long-term shareholder value by developing and growing the resources base from our Cameroon assets whilst maintaining rigorous attention to capital deployment, costs and value creation.

Our strategy model is underpinned by the following set of values:

• Maintain a sustainable E&P company with a production base and infrastructure-led exploration focus
• Convert current portfolio resources to reserves
• Create and realise value through material exploration success and development
• Seek value adding partnerships and niche acquisitions that offer a strategic fit
• Foster strong external partnerships and in-country relationships
   

Strategic Pillars

Value Monetisation
Bowleven has evolved as a company and is currently better aligned organisationally with shareholders to ensure value monetisation.

Lean Operating Business
Management have transitioned to a lean operating business with a view to being cash generative and ultimately monetising the proven significant reserves in Etinde post appraisal drilling.

Additional Reserves
Etinde could in due course prove up additional reserves notwithstanding the modest increments from the logging-while-drilling and wireline data.

Capital Deployment and Investments
A focus on capital deployment and instruments to ensure the best return-risk.

Cash Balances and Cost Management
Remaining vigilant on cash balances and cost management at all times.