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Old January 19th, 2013, 02:35 PM   #1
xJamaax
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Another major oil find offshore Ghana

Another major oil find offshore Ghana
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MILAN, Italy, Jan. 18 (UPI) -- Italian energy company Eni said drilling operations off the coast of the west African nation of Ghana confirmed commercial potential.

Eni said it drilled in its Sankofa East 2A block, its first appraisal well in the Sankofa East discovery area, located about 120 miles offshore Ghana.

"Eni estimates the overall potential of the discovery to be around 450 million barrels of oil in place with recoverable resources of up to 150 million barrels," the company stated.

The company explained those results are important because it confirms the discovery is of commercial nature, adding it has started to make plans for commercial exploitation of those reserves.

Eni is working in the region alongside Ghana National Petroleum Corp., the government there and Vitol.
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Old January 20th, 2013, 11:13 AM   #2
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Good for Ghana. with its relatively small population if they follow Norways example Ghana can be the Norway or Sweden of Africa.
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Old January 21st, 2013, 11:37 AM   #3
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Sweden doesn't have oil.
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Old January 21st, 2013, 07:58 PM   #4
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Quote:
Originally Posted by xJamaax View Post
Sweden doesn't have oil.
:O
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Old January 22nd, 2013, 04:10 PM   #5
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This is yet another good news for Ghana.

P.S: Where the Ghanaians at in this forum?
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