Bowleven Moambe well moves to extended test period

Africa-focused oil and gas exploration group Bowleven said its Moambe well at the Bomono permit in Cameroon has now moved into the planned extended test period following successful well testing.

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Bowleven said that to date, the Moambe well has achieved a maximum stabilised flow rate of 7.3m cubic feet of gas per day with no signs of depletion during the initial test period.

As a result of this success, the well has now moved into the planned extended test period, which is intended to confirm sustainable deliverability to a proposed gas-to-power development scheme.

The company said initial indications are that under such a development scenario, the Moambe well would be capable of delivering around 4 to 5 million cubic feet of gas per day.

“Meanwhile, as testing continues at Moambe, we continue to progress plans to commence extended well testing at the Zingana well,” Bowleven said.

At 1035 GMT, shares were up 1% to 24.25p.