By OGJ editors
HOUSTON, Sept. 6 -- The government awarded Tullow Oil PLC, London, operated interests in the Shallow-water and Deepwater Tano blocks along the marine boundary with Ivory Coast.
Tullow took a farmout to acquire a 22.9% interest in the adjacent West Cape Three Points offshore license. Its other interests are 85.5% in the Shallow-water Tano block and 49.95% in Deepwater Tano.
The company, which sees Albian and Upper Cretaceous potential on the Tano blocks, will try to commercialize one or more of three undeveloped oil and gas discoveries on Shallow-water Tano.
The three licenses are in the Greater Ivoirian basin on trend with Espoir oil and gas field off Ivory Coast, in which Tullow holds 21.33% interest.