Glencore, Afex sign for gas-prone – contested – Cameroon block

Cameroonian state company Société Nationale des Hydrocarbures (SNH) has signed a production-sharing contract with Glencore and Afex Global for the gas-prone Matanda block (PH-72). Glencore, who will operate the block adjacent to Bowleven’s Etinde permit area, also has exploration acreage in Equatorial Guinea.