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Assets

OFFSHORE SOUTH-WEST TANO

Blue Star and its joint venture partners were awarded the Offshore South-West Tano Block (“OSWT”) offshore the Republic of Ghana. The Block covers an area approximately 175 square kilometres in the Tano-Cape Three Point Basin/ Western Basin.
The Tano-Cape Three Points Basin is the eastern extension of the Cote D’Ivoire-Ghana Basin. The basin has been prolific in Cote D’Ivoire and Ghana where in 2007 the Jubilee Field was discovered among other discoveries across the basin.

OSWT is a deepwater block situated within the multiple fan and channel systems of the proven Cretaceous play fairway with water depths ranging from 1,000 to 2,750 metres. The block is bound to the east by the Jubilee Field production and area and the west by the Tweneboah-Nyenra-Ntomme development and production area.
The work programme has commenced and detailed mapping within the licence area has identified multiple prospective Upper and lower Cretaceous leads. Blue Star and its partners are working to progress a number leads to prospect status.

Block Area (sq km) Equity Interest Partners
Offshore South-West Tano 175 39.6%
  • Heritage Oil Limited
  • GNPC Exploration and Production Company Limited (Exploreco)
  • GNPC

EAST KETA BLOCK

The East Keta Block (“EK”) was awarded to Blue Star and its partners in July 2014 as ratified by the Parliament of Ghana on 18 July 2014. The EK Block is located about 100 km offshore the Republic of Ghana in the Accra-Keta Basin covering about 2,239 square kilometres and water depths ranging from 1,000 to 2,750 metres.

The block is a frontier exploration block in a basin that covers an area of approximately 33,900 sq. km of which 1900 sq. km is onshore. The Accra-Keta Basin is the western extension of the Dahomeyan embayment that stretches east covering Togo, Benin and Western Nigeria and ending just before the Niger Delta in Nigeria.

Blue Star and its partners are currently in First Exploration Phase of the petroleum agreement. The work programme has identified prospective Cretaceous and Miocene aged fans and channels. Initial planning to acquire 3D seismic over the acreage is underway.

Block Area (sq km) Equity Interest Partners
East Keta 2,239 38.7%
  • Heritage Oil Limited
  • GNPC Exploration and Production Company Limited (Exploreco)
  • GNPC