Contract AreaContract Parties(Operator)Effective Date/Initial Exploration PeriodMinimum Exploration Program (Initial Phase)Minimum ExpenditureObservations as of 20172019 update
Central Tano BlockAMNI Int Petroleum Dev. Company and GNPCEffective Date: 21/Mar/15 . Initial Exploration Period (3 years+2 years extension): March 21,2015 – March 20, 2020(a) License 3D seismic data over Contract Area (about 277.9sqkm);  (b) Drill two (2) Exploration Wells$150,000,000Before 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.
Contract AreaContract Parties(Operator)Effective Date/Initial Exploration PeriodMinimum Exploration Program (Initial Phase)Minimum ExpenditureObservations as of 20172019 update
Expanded Shallow Water Tano Block (1,508sqkm)Erin Energy Ghana Ltd, EXPLORCP and GNPCEffective Date: 23/Jan/15. Initial Exploration Period (2 years+2 years): January 23, 2015 – January 22, 2019(a)Reprocess existing 2D and acquire 1500sqkm of 3D seismic;  (b) Drill one exploration well$30,000,000This Block was affected by the Preliminary ruling of the International Tribunal for the Law of the Sea (ITLOS) which placed a moratorium on drilling new wells in the disputed area. The company got extension to continue working on the block.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. No drilling has been undertaken