$45,000,000

Ghana Central Tano

AMNI plan to drill with potential for a significant discovery in stacked Cretaceous sands. The well sits in the middle of the Mahogany play fairway and adjacent to Jubilee.

The well has been planned for several years, a farm-in partner would be expected to pay drilling costs for approximatey a 50% stake.

Details

Asset Name : Ghana Central Tano
Ref : AF-GHA-CNTN
Continent : Africa
Country : Ghana
Location : Offshore
Project Phase : Appraisal / Development
Latitude : 4.64
Longitude : -3.01
License Start : 2014
License Expiry : 2021
Operator : Amni Int'l Petroleum Development Co (Ghana) Ltd
Other partners : GNPC
Farmout company : Amni Int'l Petroleum Development Co (Ghana) Ltd
Mandated Agent : Envoi Ltd
Work Programmes : Drilling
Back Costs : > $10m
Equity Offered : 20 - 40%
Deal Status : Open
FarmoutAngel Valuation : >$100,000,000
FarmoutAngel confidence : High
Consideration Sought : $45,000,000

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