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Ghana Contract Monitor

2. Central Tano Block

Contract Parties

AMNI International (Operator), GNPC.

Effective Date/Initial Exploration Period

Effective Date: March 21, 2014

Initial Exploration Period (3 years+2 years extension): March 21, 2014 – March 20, 2020

Minimum Exploration Program (Initial Phase)

  • License 3D seismic data over Contract Area (about 277.9sqkm);
  • Drill two (2) Exploration Wells

Minimum Expenditure

$150,000,000

Observations as of 2017

Before its initial exploration period end in 2018, the company exploration period was extended in 2016 to 2020. The contract area also falls within the area affected by ITLOS case.

The contractor did not fulfil 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.

The Contractor got approval from the PC to use the Ensco DS7 drillship to drill the Kusia-1 exploration well in April-May 2020. Drilling deferred due to the CODVID-19 pandemic.  Drilling of Kusia-1 well rescheduled to Q4 2020/Q1 2021.

AMNI planned its drilling program for Q2 of 2020 but rescheduled to Q4 of 2020 and beyond. The Minister of Energy granted AMNI a restitution time of eight (8) months compensate for the time lost due to the pandemic.

In 2021, the contractor resumed plans towards its obligatory drilling well, Kusia-1X in Q2 2022, with well planning and drilling related procurements.