Africa focused explorer Bowleven's Etinde Exploitation Authorisation (EA) has been formally signed by the President of Cameroon, paving the way for the firm to develop the Etinde area. The EA gives Bowleven and its partners, which will include SNH…
UK-based, Africa-focused explorer Bowleven has agreed to sell a 50% stake in the Etinde Permit, offshore Cameroon, to LUKOIL and NewAge, for about US$250 million, under a conditional agreement. LUKOIL is to acquire a 37.5% interest in the Etinde Permit…
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