Bowleven granted licence extension for Bomono project onshore Cameroon

April 22, 2016

DOUALA, Cameroon -- Bowleven, the Africa focused oil and gas exploration group traded on AIM announced that it has been awarded a one-year extension to the existing Bomono exploration licence, onshore Cameroon, pending the final award of an Exploitation Authorization (EA).

The Bomono Exploitation Authorization Application (BEAA) was submitted to the Cameroon
authorities prior to the formal expiry of the exploration licence on Dec. 12, 2015, to enable the
progression of development activities.

The interim extension award ensures that the Group’s interest in the acreage is maintained, while
dialogue is ongoing with the Cameroon authorities on the BEAA.

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