Our Business

Business Model

Business Model

Blue Star’s business model is commercially driven coupled with subsurface excellence. As an indigenous Ghanaian independent, Blue Star leverages its people and local partners to create value. Blue Star’s model seeks to deliver operating capability, local content compliance and access to capital

Skilled Individuals

Blue Star has a credible management team with tangible USP. At this current stage, Blue Star is highly commercially driven. Leveraging technical and sub-surface excellence to add commercial value at every stage of the business cycle.

Local Partnerships

Blue Star’s model requires working closely with local partners with good on the ground knowledge. Working within local partnerships creates opportunities and value within their respective jurisdictions. Blue Star’s model seeks to deliver substantial value to indigenes through a share of opportunities.

Exit/Monetization

Through various stages of our assets, Blue Star evaluates possible exit or monetization opportunities that deliver maximum shareholder value.

Assets

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
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.
Discount Package:
Area (sq km)
Equity Interest
Partners
East Keta
2,239
38.7%
  • Heritage Oil Limited

  • GNPC Exploration and Production Company Limited (Exploreco)

  • GNPC

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