AGM Petroleum is assessing the size of its recent oil discovery on the South Deepwater Tano (SDWT) block off Ghana, which is understood to have been made in ultra-deep waters, writes Eoin O’Cinneide.

The Gibraltar-registered player is thought to have made the find with the Kyenkyen-1X wildcat, the first of two exploration wells on the tract. The second well is Nyankom-1X.