Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

Ebola virus delays drilling

  • SOURCE: | Editor
  • oilDrilling plans for offshore Liberia have been delayed due to an Ebola virus outbreak in the region, Canadian Overseas Petroleum Limited (COPL) said in a statement adding that “drilling on Block LB-13 has been delayed due to the recent Ebola virus outbreak in the region resulting in a reduced presence of expatriates in country.”

    Arthur Millholland, COPL chief executive said: “We continue to make significant progress with the technical evaluation of Liberia. Whilst the possible delay in the commencement of drilling is regrettable, the safety of the partnership’s staff is paramount and we are confident that staff numbers in country will return to normal levels in the near future.”

    COPL which holds the remaining 17 percent equity is in a partnership with ExxonMobil (operator and 83 percent equity holder) on Block LB-13 offshore Liberia.

    Block LB-13 covers about 2500sw km. Drilling targets identified by COPL are Cretaceous turbidite sand stratigraphic traps with prospects on the block to derive a statistical aggregate number of 2.6 billion barrels of gross recoverable oil at the P50 (best estimate) probability level.

    COPL is also working on the West Africa Transform Margin (WATM) and has submitted a bid, as the operator of a consortium, for a block in the WATM. COPL said partners in the consortium include a prominent producing independent African energy company and that more information would be available in Q3.

    Source: Businessdayonline

    Get the latest news and updates on Ghana’s oil and gas value chain by following us Reporting Oil and Gas on twitter @oilgasghana and like our facebook page and get at us on Google+. Subscribe to our group to get update

     

    Share this article

    Leave a reply

    Personality of the Month
    Poll

    Do you think the President should fund the free SHS with oil revenue?

    Follow Us Online
    About Us
    Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
    Events Calendar
    << Jul 2018 >>
    MTWTFSS
    25 26 27 28 29 30 1
    2 3 4 5 6 7 8
    9 10 11 12 13 14 15
    16 17 18 19 20 21 22
    23 24 25 26 27 28 29
    30 31 1 2 3 4 5
    Twitter Activity Stream
     

    Partners We are proud to be associated with:

    Skip to toolbar