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Ghana demands independent verification of Springfield’s oil claim before backing it.
Ghana is demanding an independent review of Springfield Exploration’s claims of 1.5 billion barrels of oil in the West Cape Three Points Block 2 before providing official support, citing the need for verified geological and financial data.
The government, through Energy Minister John Jinapor, insists on transparent documentation to validate resource estimates and $100 million in reported investments, despite Springfield’s prior discovery of commercial hydrocarbons and confirmation by U.S. and U.K. consultants.
The state-owned GNPC holds 18% of the block, while founder Kevin Okyere’s company, the only Ghanaian-owned operator in the block, funded all $280 million in project costs.
Ongoing talks about potential government acquisition of Springfield’s stake aim to boost technical capacity and accelerate development, but the project’s future hinges on the outcome of the independent assessments.
Ghana exige una verificación independiente del reclamo de petróleo de Springfield antes de respaldarlo.