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Bowleven Commences on Drilling Sapele-1 Sidetrack

Source: www.gulfoilandgas.com 2/28/2011, Location: Africa

Bowleven, the West Africa focused oil and gas exploration group traded on AIM, is pleased to announce that drilling has commenced on the Sapele-1 sidetrack (Sapele-1ST), Douala Basin, offshore Cameroon with the Noble Tommy Craighead jack-up rig.

The principal objective of Sapele-1ST is to appraise the Deep Omicron oil discovery encountered in the Sapele-1 exploration well. The well is to be drilled to an estimated vertical depth of circa 3,682 metres (4,761 metres measured depth) approximately 2 kilometres South East from the Deep Omicron oil discovery in the original vertical well.

Drilling is expected to take approximately 40 to 50 days (excluding testing).

The Vantage Sapphire jack-up rig has now been contracted and consequently the Sapele-2 well is expected to spud mid March 2011 as a material step-out down dip from the Sapele-1 location.

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