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Article: TULLOW Oil may be sitting on a second giant field offshore Ghana with reserves at the recent discovery thought to be similar to the 1.8 billion barrels contained in the Jubilee field nearby, the company said yesterday.
- Article from:
- Irish Independent (Dublin, Republic of Ireland)
- Article date:
- November 7, 2009
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Tullow hopeful of another Jubilee-size yield
exploration
Pat Boyle
TULLOW Oil may be sitting on a second giant field offshore Ghana with reserves at the recent discovery thought to be similar to the 1.8 billion barrels contained in the Jubilee field nearby, the company said yesterday.
Speaking at a conference in South Africa, Tullow's vice president for Africa, Tim O'Hanlon, said Tweneboa had the potential to be nearly as big as the Jubilee field -- Tullow's first major discovery in the area.
Tullow holds a 34.7pc interest in Jubilee, while it owns 49.9pc of the Tweneboa prospect.
Jubilee, discovered in June 2007, ...