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


News in Brief

Ebola virus delays drilling

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

 

Profile photo of Editor
Follow Us

Editor

Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
Profile photo of Editor
Follow Us

Share this article

Leave a reply

Personality of the Month
  • Prof. Thomas Mba Akabzaa Chief Director of Ministry of Petroleum          …
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


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
<< Aug 2017 >>
MTWTFSS
31 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
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar