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Minexco Launches Ghana Work Program

Source: www.gulfoilandgas.com 2/11/2014, Location: Africa

Minexco Petroleum Inc. (Minexco), the African focused private oil and gas exploration company, announced the launched of its work programme for the South Deep Water Tano Block.

Through Minexco’s joint venture with AGR Energy, AGM Petroleum Ghana, operational and technical teams will begin work to reassess the existing 3D seismic data over 75% of the SDWT block area and further develop its work programme for future exploration. Drilling of prospects is expected to commence in 2015.

AGM Petroleum will work with ExploreCo, a division of the Ghana National Petroleum Company (GNPC) to finalise the work programme and subsequently explore and develop the SDWT offshore prospect, which is part of the prolific Tano Basin boasting several discoveries including the >2BBOE 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.”

For more information about related Opportunities and Key Players visit West Africa Projects

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