Lukoil Claims a Discovery Off Ghana

Lukoil says it found oil and gas at its Cape Three Points Deep Water block. The company will disclose if the discovery is commercial, once the test results are complete. CTPDW is located between 1,200 to 2,100metres water depth, some 50 to 100km offshore. Three wells were drilled in this block between 2010-2011, but none of them encountered commercial hydrocarbon reserves.