Original Story Published by: Ghana | JoyBusiness | JAD
Photo Source: ©Joy Online
Aker Energy says its oil exploration in the Deepwater Cape Three Points block - Pecan-4A field in Ghana has been successful.
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Chief Executive Officer at Aker Energy, Jan Arve Haugan said, "We are pleased to announce the well results, confirming our understanding of the area, as well as the resource base and upside potential in the DWT/CTP block. Based on these results, we will optimise the Plan of Development for the Pecan field.”
Mr Arve Haugan said, “There is still a lot of work to be done, including to conclude the phasing of the development, the size of first phase and detailing of the concept. Our most important priority going forward is to deliver a robust field development plan to the Ghanaian authorities."
Based on existing subsurface data from seismic, wells drilled and an analysis of the Pecan-4A well result, the existing discoveries are estimated to contain gross contingent resources (2C) of 450 – 550 million barrels of oil equivalent (mmboe).
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