Bomono Permit - Bowleven plc Oil and Gas Company

Bomono Permit
November 2014
Bomono PSC location
Bomono PSC
53km
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Moambe
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40km
Zingana
Key Data
Area : 2,327.5 km2
Effective date : 12 Dec. 2007
Licence term : 5 yrs + 2 yrs
Douala
Logbaba
Limbe
Refinery
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Dibamba
HFO 87MW
Etinde Block 5
Completed work programme (Phase 1)
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Phase 2 work programme
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Phase 1 work programme completed.
Phase 2 underway.
Geological/Geochemistry/Seep studies
6,222km aeromagnetic acquisition
3,125 km aerogravity acquisition
500 km 2D seismic acquisition
All existing data integrated/ interpreted
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Requires two wells, expires December 2014
Awaiting official confirmation of PSC extension
to allow completion of current drilling operation
(contractor’s right under the PSC terms)
Rig in process of being mobilised from
Senegal to drill Zingana and Moambe
prospects
Expected spud around year-end
Exploration Targets
Oil potential
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Focused on the deeper D&E sands
Zingana and Moambe targeting medium risk 50-100mbbl
STOIIP pools (P50-Mean range) in each sand
Oil seep and borehole data encouraging for liquids; albeit
lower risk for gas/condensate
Zingana-1
SW
Moambe-1
NE
Bo-03 (yellow) – gas
in B & C sds
Gas/condensate
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Shallower B&C sands
Historic well data indicates high chance of success –1953
wells tested gas in B and C sands near Zingana location.
Two wells targeting 5-40bcf GIIP pools (P90-P50 range)
in each sand, with associated condensate
If successful, subsequent appraisal to prove volume will
be fast-tracked, potentially by scaled early production
system (gas to power)
Line No: BOM-10-106
‘B’ Sand twt
Structure Map
Cretaceous
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Deeper, higher pressure targets will not be tested by the
initial exploration programme
Potential for 2-3tcf (in place) but high pressure, high
temperature
Moambe Prospect:
Zingana Prospect
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Strategic Partner
Partnership with Fortesa
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October 2014 executed farm-out of 20% of Bomono to Africa
Fortesa Corporation, privately owned driller and gas-to-power
producer based in Senegal
Fortesa subsidiary (AODL) will provide rig to drill Zingana and
Moambe at cost
Experience of active onshore gas-to-power production and
operations in Senegal
Identification of gas sales opportunities
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Ideally located adjacent to Douala City
Actis acquisition of AES/Sonel in June brings new momentum to
growth of the local power market
Talks initiated with potential power producers
Opportunity for rapid installation of gas-fired generators at the well
sites, with cabling to local consumers
Early phase liquids trucked to Limbe refinery
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