CAPITAL: YAOUNDE
MONETARY UNIT:
REFINING CAPACITY: 42,000 B/CD
OIL PRODUCTION: 100,700 B/D
OIL RESERVES: 400 MILLION BBL
GAS RESERVES: 3.9 TCF

State SNH was evaluating bids for Kribi-Campo deepwater acreage by three companies in a licensing round that closed June 30, 2000.

The bidders were Grynberg Petroleum Co., Denver, Fusion Oil & Gas NL, Twickenham, UK, and a combine of Atlas Petroleum International Ltd., Lagos, and Pegasus Energy Ventures Ltd., London.

Since World Bank approval of a loan for the Chad-Cameroon oil pipeline project in June, numerous companies and groups planned to negotiate with the Cameroonian Party for licenses in the Logone Birni basin in northeastern Cameroon, said Exploration Consultants Ltd., Henley, UK, consultant to the government.

Elf Serepca let a $10 million contract to ETPM of Italy for construction of a fast-track project to develop Boa Sud, Bavo, and Lipenja fields off Cameroon. ELF, Pecten, and SNH previously installed similar minimum facilities to develop Akono and Erong North fields nearby.

Boa Sud field is 30 miles offshore in 70 ft of water. Production was to start in 2000 through an 8 in., 3.2 mile pipeline to Elf's KCF-1 platform.

Most of Cameroon's production came from Kole, Lokele, and Moudi fields in the Rio del Rey basin east of Nigerian waters.

Perenco, Paris, operated the Moudi Permit, where Victoria field produced a gross 3,000 b/d.

Perenco also produced oil on the Ebome Permit from Kribi F (KF) field, the first development in the Douala/Kribi-Campo basin off southern Cameroon.

KF, which Elf discovered in 1981, produced 33-36° gravity crude from Lower Cretaceous Mundeck sandstones at 5,000 ft. It started up in 1997 at 10,000 b/d, producing via a mobile offshore production unit into a tanker.

Water injection that began in 1999 was to boost production from about 5,000 b/d at the time. The Kribi block contained several other undeveloped discoveries.