Gulf Oil and Gas accountACCOUNT

Clontarf and Petrel Offered Offshore Tano Basin Block

Source: www.gulfoilandgas.com 6/22/2016, Location: Africa

The directors of Clontarf wish to advise shareholders that Clontarf and its partners have been informed by the Ghanaian Ministry of Petroleum (the "Ministry") that the Ministry is available for negotiations on Clontarf's proposals for amended coordinates of the Tano Basin block which we originally applied for in 2008.

The Ministry has reviewed our entire proposal and accordingly advised us that the Block named "Lukoil B" is available for negotiations. We will confirm our interest and follow up on this prospective acreage. Further announcements will be made as soon as practicable.

This new acreage is an offshore block in deeper water than the Tano 2A block which has been the subject of ongoing discussions for many years. Our Ghanaian affiliated company, Pan Andean Resources (Ghana) Limited, is a private Ghanaian company held 60% Clontarf, 30% by Petrel Resources and 10% local Ghana interests.

For more information about related Opportunities and Key Players visit West Africa Projects

Acquisitions and Divestitures News in Ghana >>

South Africa >>  10/28/2020 - Impact Oil & Gas Limited, a privately-owned, African-focused, exploration company, is pleased to announce that its wholly-owned subsidiary, Impact Afr...
Nigeria >>  10/26/2020 - Canadian Overseas Petroleum Limited, an international oil and gas exploration and development company focused on sub-Sahara Africa, is pleased to ann...

United States >>  10/26/2020 - Mosman Oil and Gas Limited, the oil exploration, development, and production company, announces it has today executed contracts to acquire an addition...
Egypt >>  10/25/2020 - Dana Gas PJSC has entered into a binding agreement with IPR Wastani Petroleum Ltd, a member of the IPR Energy Group (“IPR”) for the sale of its onshor...

Australia >>  10/23/2020 - Terra Nova Resources Inc. has received notice from Armour Energy Limited that Armour intends to exercise its option right (the “Option Right”) to acqu...
Brazil >>  10/23/2020 - Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of a set of eleven onshore production field concessions, with i...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Ghana Oil & Gas 1 >>  2 | 3 | 4 | 5 |

Oil & Gas Projects in Ghana >>

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.