Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce that it has submitted the formal Etinde Exploitation Authorisation Application (EEAA) to the Cameroon authorities as planned. This formal EEAA submission follows an earlier draft supplemented with in-country workshops with SNH to support the application. The submission represents a further step towards the delivery of the key requirements that will enable the final investment decision for the Etinde development, anticipated in H2 2013. The first stage of the ‘hub and spoke’ development scheme within the EEAA will focus on the development of the discoveries on block MLHP-7, with first production targeted to occur in 2016.
