President John Dramani Mahama has announced a new hydrocarbon discovery in the Deepwater Cape Three Points block in the Tano Basin, offshore Ghana, describing it as a significant development for the country’s petroleum sector.
The discovery was made by Planet 1 Oil and Gas Limited in collaboration with Bowler Upstream Limited and the Ghana National Petroleum Corporation (GNPC).
Speaking at the 2026 Petroleum Commission Local Content Conference and Exhibition in the Western Region on Tuesday, November 10, President Mahama said the find represents Ghana’s first successful exploration of a Cenomanian-Turonian carbonate play as a primary target.
“The hydrocarbon discovery at the N1 GDA 9 1 X well in the Deepwater Cape Three Points contract area marks an important milestone for Ghana. It is the country’s first successful test of a Cenomanian-Turonian carbonate play as a primary exploration target,” he said.
He explained that the exploration also included the Albian formation, which was considered a secondary target in the drilling exercise.
“Today, the well also targeted the Albian as a secondary objective,” he added.
The latest find adds to Ghana’s ongoing offshore exploration activities in the Tano Basin, an established petroleum exploration area.
Further appraisal studies will be needed to determine the size of the discovery and assess its commercial viability before decisions can be taken on possible development and production.
