Financial Times FT.com

Anadarko venture discovers new oil frontier

By Carola Hoyos, Chief Energy Correspondent

Published: September 15 2009 23:32 | Last updated: September 16 2009 12:31

Anadarko, the US oil group and its partners Woodside of Australia, Repsol of Spain and Tullow Oil of the UK, confirmed on Wednesday that they had found a new oil coast from Sierra Leone to Ghana in which they expect to discover several more huge oil fields over the coming five years.

The announcement was made on the back of positive drilling results of the Venus well off the coast of Sierra Leone, 1,100km from Ghana’s Jubilee field, Africa’s largest deep water field.

Oil tanker in the sea

Drilling capabilities: the prospect stretches 1,100km along the coast from Ghana to Sierra Leone

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