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Ghana’s latest discovery hints at growing potential

12/08/2008
Tullow Oil PLC (“Tullow”) said its recent shallow-water Ebony discovery in the Gulf of Guinea off Ghana could be an indication of further prospectivity in deeper water.The UK company said the Ebony-1 exploration well on the 983 sq km Shallow Water Tano license intersected two hydrocarbon bearing intervals in Late Cretaceous turbidite sands.Tullow said the Ebony discovery improves its chance of success at the large Tweneboa downdip prospect to the south (see map).Meanwhile, Mitsui E&P Ghana Keta Ltd. took a farmout from Afren Energy (Ghana) Ltd. to earn a 20% stake in the Keta Block in the Eastern basin off Ghana.Ebony discoveryEbony-1 spudded on Oct. 22 and reached a total...
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