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BOWLEVEN PLC

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HOLDING COMPANIES in Edinburgh


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Bowleven Plc
68-70 George St,
Edinburgh,
EH2 2LT

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BUSINESS DESCRIPTION

BowLeven holds, through its wholly-owned subsidiary EurOil Limited, a 100% equity interest in the Etinde Permit area being three shallow water blocks in offshore Cameroon, West Africa; namely Blocks MLHP 5, MLHP 6 and MLHP 7. In total BowLeven has approximately 2,300 km2 of exploration acreage located across the Rio del Rey and Douala basins in the Etinde Permit. As well as P50 hydrocarbon reserves and contingent resources on Block MLHP 7 (which has had 11 wells drilled in it) the total acreage has very attractive exploration potential. Bowleven has operated in Cameroon since 1999.
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