Ghana Extends Erin’s Stay on ESWT

Thursday, August 11, 2016

Erin Energy saw its application to extend the initial exploration period for the Expanded Shallow Water Tano (ESWT) block approved by the Ghanaian government. The company now has an additional 18 months on the ESWT.

Geological and reservoir studies are ongoing with the existing 2D and 3D seismic datasets to evaluate the various possible development options and the exploration potential of the block. New 3D marine seismic data acquisition over the entire block is in the execution planning phase. The new seismic data will enable the high-grading of the exploration prospects as well as firm-up the drilling candidates.

Actual field operations await the resolution of the Ghana-Cote d’Ivoire maritime border dispute arbitration in mid-2017.

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