Cameroon has been an oil producing country since the early 1970s. The major oil basins include Rio Del Ray, Douala and Kribi-campo. There are other basins and Deep-sea zones. Oil exploration and exploitation is done by companies such as Pecten, Elf Serepca, Shell, all based in Douala. Cameroon does not market all its crude oil. There is an oil refinery company, SONARA, based in Limbe.
For an oil producing country, the passing of oil and gas regulations is very important.
One such regulation is Law No 95/13 of 08/8/95 to lay down special measures for the promotion of the production of liquid hydrocarbons from marginal fields to the national mining domain. This piece of legislation outlines the special measures for the promotion of the activities of production from marginal fields identified anywhere in the sedimentary zone of the national territory extending offshore to the limits of Cameroon territorial waters. According to Section 2 of this law a field is said to be marginal
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