The Ghanaian government has offered the acreage to Pan Andean Resources, in which Clontarf holds 60%, Petrel holds 30% and Abbey Oil & Gas holds 10%.
The partners have accepted the offer in principle, but have not disclosed any details about the acreage as they continue negotiations for a formalised revised production agreement.
The companies said in late June that they were offered the opportunity to take over deep-water acreage previously held by Russia’s Lukoil Overseas and listed on Ghana’s Ministry of Petroleum literature as Block Lukoil B.
The
