Posted on June 7, 2009 at 8:18am
Ghana, which will pump its first oil for export next year, has issued 11 exploration licenses and the prospects of more finds are “extremely high,” the state-owned Ghana National Petroleum Corp. said.
“It’s looking very exciting and there’s a lot of potential,” said Michael Aryeetey, senior geologist at the GNPC, which oversees the industry.
In 2007, Tullow Oil Plc made its Jubilee oil find offshore Ghana. The discovery, which will start production in 2010, could… Continue