Investor Presentaiton
Ghana Overview
Key Metrics 1
2021 Production2
42 kboe/d
•
2P Reserves 2,3,4
212 MM boe
•
2C Resources 2,3
310 MM boe
2021 Opex²
$10.9/boe
Notes:
1. Presented on net basis unless indicated otherwise
2. Based on working interest
3. As of 31 December 2021
4. Includes net reserves added from acquisition of Occidental Petroleum's interests in the Jubilee and TEN fields in Ghana
Key Priorities
.
Significant potential in Ghana with -13% of STOIIP
recovered as of 31 December 2021
Focus on unlocking potential from largely undeveloped
areas east of Jubilee core
TEN strategic wells expected to be drilled in H2 2022
Jubilee O&M transformation to provide platform for
further operating cost reduction
Projects targeting undeveloped reservoirs including
Tweneboa Gas and Oil Reservoirs, Ntomme Far West
Focus on embedding efficiencies to sustain
performance (average >97% FPSO uptime)
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