Wednesday 12 February 2014

Minexco launches Ghana work program

Minexco Petroleum Inc. launched its work program for the South Deep Water Tano (SDWT) Block offshore Ghana. Through the company’s JV with AGR Energy and AGM Petroleum Ghana, operational and technical teams will begin work to reassess the existing 3D seismic data over 75% of the SDWT area and further develop its work program for future exploration.
Drilling of prospects is expected to commence in 2015.
AGM Petroleum will work with ExploreCo, a division of state company GNPC, to finalize the work program and subsequently explore and develop the SDWT offshore prospect. The block is in the Tano Basin, which is also home to the producing Jubilee Field.
Martin Keeley, CEO of Minexco Petroleum, said: “The launch of this next phase of analysis and planning further solidifies the cooperation between the operational and technical teams of Minexco, AGR Energy and GNPC to bring this exciting prospect to production.
“As Minexco works closely with GNPC to take an increasingly active role in the development of the country’s natural resources through the training of local talent, we will collectively contribute to the development of Ghana as a hub for the fast growing African offshore E&P sector. We view this model of cooperation as a template for future projects on the continent and abroad.”

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