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Ghana Contract Monitor

5. South-West Tano Block

Contract Parties (Operator)

GNPC GOSCO, Heritage E&P, EXPLORCO, Blue Star and
Effective Date/Initial Exploration Period

Effective Date: February 5, 2015
Initial Exploration Period (2.5 years+2 years extension): 
February 5, 2015 – August 4, 2019

Minimum Exploration Program (Initial Phase)

  • Reprocess up to 175sqkm of 3D data
  • Drill one (1) Exploration Well
Minimum Expenditure

Observations as of 2017

The initial Exploration phase has been extended by 2 years due to 
ITLOS. Geophysical and Geological (G&G) studies are ongoing for 
prospect evaluation.
2019 Update

The Contractor has informed the PC of its plan to drill its 
first exploration well, Asanfena-1X in Q3 2020. Contractor 
began the process of procuring goods and services for the 
2020 Update

Drilling of well may be deferred to 2021 due to the CODVID-19 pandemic.