$2,000,000

Ghana Keta Delta

This block was recently relinquished by Swiss African so is now open acreage.

Swiss African were seeking funding for 1100 km 2D seismic and 1 well. The company had a reported minimum expenditure of $40m but this would appear to be ambitious.

This coastal block covers both the onshore and offshore parts of the basin, with Devonian, Jurassic and Cretaceous potential.

Details

Asset Name : Keta Delta
Ref : AF-GHA-KTDL
Continent : Africa
Country : Ghana
Location : Onshore, Offshore
Project Phase : Exploration
Latitude : 5.84
Longitude : 0.91
License Start : 2014
License Expiry : 2022
Operator : Swiss African Oil Company Ltd
Other partners : Pet Volta Investments, GNPC
Farmout company : Swiss African Oil Company Ltd
Mandated Agent : none
Work Programmes : Seismic, Drilling
Back Costs : Unknown
Equity Offered : 80 - 100%
Deal Status : Open
FarmoutAngel Valuation : $1,000,000 - $5,000,000
FarmoutAngel confidence : High
Consideration Sought : $2,000,000

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