The New Legon Observer

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Date

2008-04-10

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Volume Title

Publisher

A Ghana Society for Development Dialogue

Abstract

On 18 June 2007, Tullow Oil, a UK firm announced that it had found 600 million barrels of oil off the shores of Ghana, more than the 250 million barrels that they had estimated earlier. They were indeed very optimistic about the future as the Tullow Oil Chief Executive Aidan Heavey assured the world that "based on evidence to date, ultimate reserves are likely to be materially in excess of previous estimates, with some high potential zones still to be drilled."

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Keywords

Observer, Legon, New

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