- Expanded Shallow Water Tano Block (1,508sqkm)
Contract Parties (Operator) Erin Energy Ghana Ltd, EXPLORCP and GNPC
Effective Date/Initial Exploration Period Effective Date: January 23, 2015 Initial Exploration Period (2 years+2 years): January 23, 2015 – January 22, 2019
Minimum Exploration Program (Initial Phase)
Reprocess existing 2D and acquire 1500sqkm of 3D seismic;
Drill one exploration well
Minimum Expenditure $30,000,000
Observations as of 2017 This Block was affected by the Preliminary ruling of the International Tribunal for the Law of the Sea (ITLOS) which placed a moratorium on drilling new wells in the disputed area. The company got extension to continue working on the block.
2019 Update The contractor did not fulfill the minimum work obligation even after extension to accommodate the ITLOS injunction. The Ministry has not provided update as to why the contractor still holds the block. No drilling has been undertaken
2020 Update The Contractor did not undertake any activity during 2019. The parent company of the Operator Erin Energy i.e Erin Energy Inc. has filed for bankruptcy in the United States. The PC and Ministry of Energy are engaging the other partnersin the block for operations to resume.