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BowLeven Kicks Off Cameroon Drilling
BowLeven plc 1/11/2007
 

BowLeven plc said that the GlobalSantaFe Adriatic VI drilling rig, which has been contracted by the company for a four-well drilling program, is now on location and commenced drilling on 8 January 2007. www.bowleven.com

The initial well being drilled is an Isongo E 2 ("IE 2") location, the first appraisal well on the existing Isongo E discovery in Block MLHP 7 of the Etinde Permit in Cameroon. The primary objectives of the IE 2 well are to appraise the extent and volume of the Isongo Sand 1 in the discovery well IE 1 and explore the deeper Isongo sands, which were water, wet in IE 1. If successful, the well will be suspended to allow for later re-entry and completion as a gas condensate producer. The well will be drilled to a depth in excess of 8,500 feet and total operational time is currently estimated at approximately 8 weeks.

Further update announcements will be made as appropriate.

Commenting on this, Kevin Hart, BowLeven's Chief Executive said:

"I am delighted that we have now commenced the drilling program. With the four wells to be drilled over the forthcoming months we have an exciting period ahead."