Oil to flow from TEN fields in 2nd quarter of 2016

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• DusTY-FooT-pHiloSophER 10 years ago

  Our Gulf Of Guinea is blessed indeed. However, I pray that the secret riches the Gulf is now revealing before all won't be a curse and bring war amongst us, but unite us instead and make our region politically and economicall ...
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  Our Gulf Of Guinea is blessed indeed. However, I pray that the secret riches the Gulf is now revealing before all won't be a curse and bring war amongst us, but unite us instead and make our region politically and economically strong before the world before this century comes to a close.
  
  Well, below is the latest new on the oil and gas front in that region of ours;
  
  From: - GlobalData Analyst continues oil exploration activities in sub-Saharan Africa;
  
  Oil exploration activities will continue in sub-Saharan Africa throughout 2015, despite the slump in oil prices which has led to companies cutting back on their global exploration budget, according to GlobalData Analyst
  
  The west coast of Africa is also being extensively explored, with a focus on the West African Transform Margin area consisting of Ghana, Guinea, Ivory Coast and as far as Senegal, said Young Okunna, GlobalData's upstream analyst covering sub-Saharan Africa.
  
  "Despite current oil prices, these areas have proven attractive due to recent discoveries, high exploration success rates, and relatively low operating costs. Continued activity is further supported by the less significant drop in rig count in comparison to other regions as of February 2015, which indicates significant ongoing drilling operations.
  
  "In East Africa, the emerging countries of Kenya and Tanzania have seen companies, such as Tullow Oil, focus their exploration objectives onshore. Tullow’s drilling plan focuses on low-risk acreage rather than exploration operations in the capital-intensive offshore. The South Lokichar and West Turkana Basin in onshore Kenya are the focus of these planned exploration drilling operations. A portion of the South Lokichar Basin was recently explored and an estimated reserve of 600mn barrels of oil discovered."
  
  Operators are keen to explore the onshore East African Rift system where these basins are located, due to major hydrocarbon deposits.

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• RICH S 10 years ago

  NDC PARTY SHOULD KEEP QUIET FROM DIS URINE OIL, DOES IT BENEFIT GHANAIANS? U PEOPLES SHOULD WAIT, GOD WILL PUNISH U ALL. FULLS

  NDC PARTY SHOULD KEEP QUIET FROM DIS URINE OIL, DOES IT BENEFIT GHANAIANS? U PEOPLES SHOULD WAIT, GOD WILL PUNISH U ALL. FULLS

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• boom 10 years ago

  Dis oil biz sef we get ntn from it the population does see the money i wonder y i even read dis stupid shit

  Dis oil biz sef we get ntn from it the population does see the money i wonder y i even read dis stupid shit

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• Yellow man 10 years ago

  Mahama and his NDC cohorts are licking their lips waiting patiently for that oil to flow.The poor Ghanaians who are supposed to benefit from the natural resources that Father God has bestowed on us will never see a dime,u can ...
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  Mahama and his NDC cohorts are licking their lips waiting patiently for that oil to flow.The poor Ghanaians who are supposed to benefit from the natural resources that Father God has bestowed on us will never see a dime,u can take my words and go bank that.

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