A Ghana-based private company and its local partners have discovered 1.5 billion barrels of oil in place offshore the West African country, the company Springfield E&P said on Wednesday. Springfield and its partners Ghana National Petroleum Corporation (GNPC) and GNPC EXPLORCO also found 700 billion cubic feet of gas in the West Cape Three Points (WCTP) Block 2 they had recently drilled. “The current undiscovered potential of the Block is estimated at over 3 billion barrels ofG oil and gas in multiple leads and prospects within various proven reservoir units,” Springfield E&P said in a statement. The company became the first independent Ghanaian oil firm to have drilled a deepwater well and found oil and gas, it added. “We are excited about the discovery as it ties into our vision of becoming a leading African upstream player with a global focus,” said Springfield’s chief executive Kevin Okyere. “As the […]