BowLeven nets Kenyan acreage

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Eoin O'Cinneide

 17 September 2012 07:46 GMT

UK junior BowLeven has added a new region to its African portfolio as it snapped up a large slice in an onshore Kenyan play.

The Aberdeen-based company has farmed into Block 11B by taking 50% from local player Adamantine Energy.

The “extensive and highly prospective exploration acreage position” gives BowLeven exposure to a new hydrocarbons province, following on from its position in Cameroon.

The block covers about 14,000 square kilometres encompassing the Loeli, Lotikipi, Gatome and South Gatome basins.

“The basins are to the north of the Lokichar Basin where a significant oil discovery has been made in recent months with the Ngamia-1 well,” BowLeven said on Monday.

“Analysis of the existing gravity and magnetics and seismic datasets suggest the basins in Block 11B are of…

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