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Acquisitions and Divestitures News in Cameroon

Bomono Farm Out Extension
1/2/2018 - 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 compa...
Bowleven Extends Bomono Farm-out
9/28/2017 - On 6 March 2017 Bowleven plc, the Africa focused oil and gas exploration group, announced that the Company and Victoria Oil & Gas Plc (VOG), an integrated energy company with operations in Cameroon, h...
VOG Updates Logbaba Participation Agreement & Bomono Project
7/4/2017 - Victoria Oil & Gas is pleased to announce that Societe Nationale des Hydrocarbures (SNH), RSM Production Company (RSM) and Gaz du Cameroun S.A. (GDC) have agreed and signed a Participation Agreement t...
Tower Resources Applies for Suspension of Trading on AIM
5/12/2017 - Tower Resources plc (Tower) has applied for suspension of trading in the Company’s ordinary shares on AIM with effect from 7:30 a.m. today pending clarification of its financial circumstances. A furth...
SDX Energy Provides Operations Update
6/16/2016 - SDX Energy Inc provides an update on its activities on the Manatee-1X exploration well in Bakassi West, Cameroon. Further to the announcement on March 28 regarding the completion of drilling activiti...
Victoria Secures Government Approval for 75% Interest in Matanda Block
4/7/2016 - Victoria Oil & Gas Plc, the integrated natural gas producing utility, is pleased to announce that the Government of Cameroon has approved the assignment from Glencore Exploration Cameroon Limited of a...
Victoria Oil & Gas Secures 75% Interest in Matanda Block in Cameroon
2/18/2016 - Victoria Oil & Gas Plc has reached an agreement with Glencore Exploration Cameroon Limited and Afex Global Limited on the Matanda Block a large hydrocarbon licence in Cameroon. The terms of this agree...
Sterling Provides Update on the Ntem Concession
12/1/2015 - Sterling Energy has provided an update on the Ntem Concession, offshore Cameroon. The Company is aware that Société Nationale des Hydrocarbures ('SNH'), the state oil company of Cameroon, has included...
Tower Signs Thali Production Sharing Contract
9/16/2015 - Tower Resources plc, the AIM-listed Africa-focussed oil and gas exploration company, is delighted to announce the signing of the shallow water Thali (formerly known as “Dissoni”) Production Sharing Co...
Sterling Completes Acquisition of Murphy's Interest in Ntem Concession
4/9/2015 - Sterling Energy Plc, the AIM listed oil and gas exploration company, is pleased to provide an update on the transaction between its wholly owned subsidiary Sterling Cameroon Limited and Murphy Cameroo...
Etinde Farm-Out Completed - $165 million Cash Received
3/17/2015 - Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce the completion of the Etinde farm-out transaction and to confirm receipt of the initial $165 million ca...
Presidential Decree Gazetted Transaction of Etinde
2/24/2015 - Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce that the Presidential decree regarding the Etinde transaction has now been gazetted. ...
Sterling Acquires 50% Interest in Ntem Concession
2/17/2015 - Sterling Energy Plc through its wholly owned subsidiary, Sterling Cameroon Limited, has signed an agreement with Murphy Cameroon Ntem Oil Co., Ltd whereby Murphy will transfer its 50% interest in, and...
Bowleven Provides Etinde Permit Update
12/23/2014 - Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce that the Etinde farm-out transaction with LUKOIL/NewAge is at the final stage of completion. Following ...
Petronas Says Open to Selling Assets in Africa
12/11/2014 - Petronas, Malaysia's state oil company, said it is ready to divest certain assets in Africa if growth prospects are limited. ...
Bowleven Provides Etinde Farm-out Update
10/27/2014 - Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce that notification of the Cameroon Government's approval of the assignment of the Etinde equity interest...
Woodside Acquire 30% in Tilapia PSC
10/14/2014 - Woodside advises that it has finalised an agreement with Noble Energy and Glencore to farm in to the Tilapia Production Sharing Contract (PSC) off the coast of Cameroon. ...
Update on Petrofac Strategic Alliance Agreement
7/15/2014 - Bowleven has reached a mutually acceptable agreement with Petrofac to terminate the Strategic Alliance Agreement. This satisfies one of the conditions of the LUKOIL and NewAge farm out transaction ann...
Bowleven Farms out Bomono Permit to Africa Fortesa Corp
6/27/2014 - Bowleven has entered into a conditional drill-to-earn arrangement with privately held Africa Fortesa Corp Ltd (AFC) and its affiliate subject, inter alia, to approval by the Cameroon government. ...
Dana Wins a PSC for the Bakassi West Block in Cameroon
6/15/2012 - In a deal which extends our existing position in Africa, Dana will be the Operator (55%), working in partnership with Madison Cameroon Oil and Gas Limited (“Madison”) (35%) and SoftRock Oil and Gas Li...

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