Ghana has recorded its first hydrocarbon discovery in a carbonate reservoir, opening a brand new frontier for the nation’s oil and fuel exploration trade. President John Dramani Mahama the nation’s first profitable take a look at of a Cenomanian-Turonian carbonate play, a departure from the sandstone formations behind Ghana’s current business finds. The discover was made at an exploration effectively within the Deepwater Cape Three Factors block. Planet One Oil & Fuel operates the block alongside GOIL Upstream and the Ghana Nationwide Petroleum Company. The corporate has but to ascertain whether or not the invention incorporates oil or fuel, and estimates of its business potential stay unavailable. It’s finishing up additional assessments to find out the dimensions of the invention, in addition to the best method to develop it.
