Clontarf moves ahead with Ghana exploration project

摘要

CLONTARF ENERGY, OIL producer and explorer, has announced that all outstanding issues have been resolved with Ghana's state oil company GNPC on Tano 2A Block. The dispute dates back to 2008 when an agreement involving the Pan Adrean Consortou, in which Petrel Resources, a Ghanaian company which now holds a 30 per cent stake, and Clontarf, which holds a 60 per cent stake, was never ratified by the GNPC. The matter was settled out of court in 2014 and the final agreement has now been reached.