Ghana sweet-spot beside Tullow: Offshore/Onshore Tano Block
The concession was awarded to a Ghanian company 'Pan Andean Resources Limited' which is owned by:
60% Clontarf Energy plc
30% Petrel Resources plc
10% Ghanaian interests (Abbey Oil & Gas ltd.)
We await ratification of the amended Petroleum Agreement by Cabinet and Parliament, in accordance with law.
Click on map below to enlarge
- The combined group controls 60% Working Interest and is the operator of the Offshore/Onshore Tano Block
- Held via Ghanaian vehicle ('Pan Andean Resources Limited') in accordance with law
- Block size: c. 1,500 km2 (150k hectares)
- Basin: Tano
- Geological Target: Cretaceous
- Potential : multi-billion barrel recoverable
Fiscal terms in Ghana are competitive, particularly after recent exploration success:
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Technical Summary
Current licensing map:
Generalised stratigraphy of the Tano Basin:
Location of wells drilled on the shelf and onshore of the Tano Basin
Recent discoveries and prospects, offshore Tano Basin
Diagrammatic representation of plays in the Tano Basin
Onshore Ghancan well correlations across the northeastern Tano basin margin
North Tano: Depth map (feet) : Intra Mid-Albian (after Phillips Petroleum)
Geoseismic section from the North Tano field to the northern basin margin (after GNPC)
Location map of seismic lines available to the company
Onshore seismic line GNPC87-5 north from Bonyere showing down-to-the-basin marginal faults
Offshore dip seismic line ARTB88-17 (most of which lies within the licence area), showing faulting and a variety of stratigraphic features
