Invest in ESWT

Participate in the process

Base Energy is inviting interested parties to participate in the process within the Expanded Shallow Water Tano (ESWT) Block, Offshore Ghana. The ESWT Block consists of three discovered fields and comprises 1,500 square kilometres in water depths ranging from 55 meters to 116 meters.

Prospective bidders will have to execute a Confidentiality Agreement to review information for the potential transaction through access to a virtual data room.

Our overarching outcome is to invest, develop and maximise value on the block. Below are some reasons to invest in the ESWT Offshore Ghana block.

Key block highlights

3

Oil & Gas discoveries on block

600mm

STOOIP on current discoveries

14

Wells over N/S/W Tano

2D

Seismic data over entire block

Low development costs

Shallow water

Shallow water development in 80 – 120m of water on the Ghana Continental Shelf

Options

Favourable development commercial options as opposed to deep-water developments

Reserves

Less reserves requried to be economically viable

Great upside on exploration and development

High case

High Case on current discoveries is > 1.5bb STOOIP

Data

3D seismic to identify more exploration targets and delineate current discoveries

Potential

Potential to aggregate more discoveries into CPF

Accelerated production options

Discoveries

3 Oil and Gas discoveries already on the Block

Status

Economic screening completed and commerciality options developed

Ready

Ready for extended well testing options now

Significant amount of data on the block

Wells

14 wells over N/S/W Tano wells

Test data

Well test data and core data

Visibility

2D Seismic data over entire block / More 3D required

Progressive partnership

Joint venture

Collaborative partnerships with joint venture

Agile

Lean, and agile decision-making structure

Aspiration

Aspiration to commercialise block as soon as possible

Maximising value

Our strategy for the block is to explore more and aggregate what is currently discovered to maximize value.

To achieve this strategy we will acquire 3D seismic on block, drill exploration and appraisal wells and develop the cluster. We will also meet the highest safety, environmental, governance and business conduct standards across all our operations.

Partner with us

Find more about EWST Block offshore and how you can participate in the process