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Investorjon - Tue, 02 Jan 07 :

No doubt all will go ahead, but looking at some of the drilling reports at BLVN it does beg the question as to whether information etc., reached Bowleven via a contractor contracted by FAO, which would seem a conflict of interest.

Doesn't matter much now, and hope BLVN can improve on their drilling, as it has had less success than FAO.

Notice too that Bowleven have Global Santa Fe Rig booked for 2007 for cameroon, but why then spud a POTENTIAL when in area you can finish for production with known oil.

I'm still not convinced of BLVN's stated 2008 production from EOV, as it may have been bargaining ploy, especially with 80% of infrastructure stated to have been built on EOV.

If it is to be, I hope they do sort out EOV.


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