I am looking for a partner so that we can work together as Joint Venture in the Ghana Oil industry as to Upstream Company in Ghana and around the African content as Oil and Gas Exploration and Production
I am a newly formed company that will specialize in Drilling & Completion Services, Exploration and Production in the Volta Region of Ghana. We will be focused on upstream well drilling & completions to a depth of the Mahogany-1 well, which was drilled to a total depth of 3826m, in water depths of 1322m feet in depth, Oil gravity is 37°API our main target will be operators with multiple well drilling projects of 1322m feet in depth.
Ghana currently has about 23,000 sq. km. of open acreage offshore which is available for licensing. In addition, there is the onshore Voltaian Basin of about 103,000 sq. km. The basin is relatively underexplored despite the huge potential. We are currently undertaking reconnaissance study to be followed by 2-D seismic acquisition over this basin with the view to opening it up for exploration. We are looking forward to an intensification of activities in the not too distant future.
We also invite you to invest in our ultra-deep waters; our extensive, moderately flat Exclusive Economic Zone (EEZ), and even into our Extended Legal Continental Shelf (ELCS), where a potential of 8 billion barrels of oil equivalent awaits us, as we prepare to make our submission next year. Fortunately, the entire continental shelf of Ghana does not go beyond the 5000m isobath; such water depths, I am convinced, are within the reach of technology in our time.
Asking Price Over $20,000,000
Sales Between $250,000,000 and $500,000,000
Profit Over $50,000,000
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