Bowleven signs agreement for Etinde permit, offshore Cameroon

Bowleven Plc has delivered its strategic intent to sell part of its interest in etinde permit, offshore cameroon, by entering into a conditional agreement with lukoil and newage.

Bowleven will reduce its interest in etinde permit from 75% to 25% and receive aggregate consideration of approximately $250 million Source text for Eikon: Further company coverage