OPERATIONS
Our assets in West Africa
OCTPS-East
A stake in Ghana’s growing oil and gas business through this promising deepwater block in the Tano basin close to major discoveries.
> Petroleum agreement ratified July 18, 2014
> South of Sankofa discoveries
> RoyalGate Energy operates block
> Water depth up to 2,000 meters
> Block area 755 square kilometers
RoyalGate Energy’s petroleum agreement for the Offshore Cape Three Points South East block was ratified on July 18, 2014. We are developing this block alongside partners UB Resources and Houston Drilling Management.
The OCTPS-East block is located to the south and south east of numerous discoveries in the Tano basin. The Jubilee and Tweneboa-Enyenra-Ntomme projects lie to the north west of Offshore Cape Three Points South, and the large Sankofa discoveries are directly north.
Geological trends in blocks surrounding Offshore Cape Three Points South East indicate possible oil and gas deposits in deep water. RoyalGate Energy is committed to the development of Ghana’s energy industry and we are preparing a work plan with the Ghanaian authorities and our partners so we can explore water depths of between 1,000 and 2,000 meters in the 755-square-kilometer block.
