Gulf Oil and Gas accountACCOUNT

Bomono Farm Out Extension

Source: www.gulfoilandgas.com 1/2/2018, Location: Africa

Share |
On 6 March 2017 Victoria Oil & Gas Plc, (“the Company”) a Cameroon energy utility, announced that the Company and Bowleven Oil & Gas Plc (“Bowleven”), the African focused oil and gas exploration company, signed a farm-out agreement (“the Agreement”) relating to the Bomono production sharing contract.

On 17 September 2017 VOG elected to exercise its option to extend the termination date of the Agreement to 31 December 2017.

The Company is pleased to confirm that a further extension has been agreed and discussions on the Agreement are continuing. Bowleven and VOG are working with the Government of Cameroon to advance the Bomono project.

For more information about related Opportunities and Key Players visit West Africa Projects

Acquisitions and Divestitures News in Cameroon >>

Greece >>  4/18/2018 - Greece launched an international tender to sell a majority stake in its biggest oil refiner, Hellenic Petroleum, as agreed under its third internation...
Australia >>  4/17/2018 - Cue Energy Resources Ltd is pleased to advise that through its 100% owned subsidiary, Cue Exploration Pty Ltd, the 42.5% equity option over exploratio...

Australia >>  4/16/2018 - Senex Energy has announced that it and Beach Energy have reached agreement to transfer up to $43 million free-carry commitment on the joint venture’s ...
Trinidad and Tobago >>  4/16/2018 - Columbus, the oil and gas producer and explorer focused on onshore Trinidad with the ambition to grow in South America, provides the following update ...

United States >>  4/12/2018 - Noble Energy, Inc. (NBL) (Noble Energy) closed the previously announced divestment of its U.S. Gulf of Mexico assets to Fieldwood Energy LLC (“Fieldwo...
United States >>  4/11/2018 - Statoil and Total have completed their acquisition of Cobalt International Energy’s 60% operated interest in the North Platte discovery in the US Gulf...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Cameroon Oil & Gas 1 >>  2 | 3 |

Oil & Gas Projects in Cameroon >>

More News

 

Oil & Gas Companies in Cameroon >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.