Tap Oil Raises Ghana Prospectivity

Tap Oil Raises Ghana Prospectivity

Tap Oil has identified additional potential in the deeper water portion of the Accra block, off Ghana, and plans to acquire a large 3D seismic survey in the area.

The offshore Accra contract area covers an area of 2,000km² in water depths ranging from less than 50m to greater than 2,500m.

A regional 2D seismic from TGS licensed by Tap, has confirmed the presence of a potentially significant structural trend and several stratigraphic-structural features, similar to those explored elsewhere along the West African transform margin.

The firm plans to move directly to acquire 3D seismic data to mature this potential to a drill ready status.

The new 3D will be able to define additional drillable prospects in the area providing the firm with a broad range of alternative targets before drilling in late 2011 or early 2012.