Cameroon’s state oil company National Hydrocarbons Corporation (SNH) announced last week that it expects oil production to expand 50 percent to at least 100,000 barrels per day next year, raising annual production to about 36.5 million barrels, according to Reuters. Crude oil is Cameroon’s primary export, however production has declined since it peaked in 1986.  SNH announced that new oil production would come from two new wells expected to begin production in early 2012. Singapore-based Perenco, French Total S.A. and British Bowleven are the primary oil producers in Cameroon. Last week, Bowleven announced the discovery of additional reserves in the Douala basin off the coast of Cameroon. The company plans further testing for another exploration well and has acquired a rig for additional drilling in 2012.