The operator said that the presidential decree for the deal had been gazetted and the $170 million it is due to be paid on closing is set to be received within 15 days.
Bowleven chief executive Kevin Hart said that the deal’s “cash and carry, together with an expanded and strengthened joint venture, will enable us to progress both the Etinde development and importantly to participate in the near-term appraisal of the exciting Intra Isongo formation”.
He