According to the Bolton News, negotiations have begun to extend the deal which currently runs until January.
Ameobi was given a standing ovation as he left the pitch in the 3-1 win over Port Vale after his tricks had wowed the crowd and put Wanderers on their way to a sixth straight win.
No firm decision has been made on whether his loan will be extended beyond January but his form during the club’s winning run put significant pressure on the Whites to sort something sooner, rather than later.
Though reared on Tyneside, born and raised in the city of Newcastle, Sammy does not boast the thick North East accent of his brother Shola.
“I’m not sure if it’s a good thing that I haven’t got the Geordie twang,” Ameobi said. “I’ve been with Newcastle since I was a kid but unfortunately, for one reason or another, it has never really happened for me there in the first team, so I have enjoyed a couple of loan spells over the years.
“The first one was with Middlesbrough, even though they have a rivalry with Newcastle they took to me really well and I got to play with some very talented players.