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Eni strikes oil in offshore Ghana and estimates potential to 450 mbl

Eni has successfully drilled Sankofa East 2A, the first appraisal well of the Sankofa East oil discovery in the Offshore Cape Three Points (OCTP) block, located in the Tano Basin offshore Ghana. Sankofa East 2A has been drilled 8 km south west of the discovery well Sankofa East X1 and confirmed the extension of the oil accumulation in the Cenomanian sequence. Eni estimates the overall potential of the discovery to be around 450 mbl of oil in place with recoverable resources of up to 150 mbl.

Eni, through its subsidiary Eni Ghana Exploration and Production Limited, is the operator of the OCTP block with a 47.222% share. Other partners are Vitol Upstream Ghana Limited, with a 37.778% share, and state company GNPC with a 15% share. GNPC has an option for an additional 5% share.

Eni has been operating in Ghana since 2009 and currently operates two exploration offshore blocks OCTP and Keta.