Ghana Tano 2A Petroleum Agreement
Clontarf awaits ratification of a signed Petroleum Agreement on Tano 2A since 2010.
In March 2014 the Ghanaian parliament approved the award of part of Tano 2A acreage to a US/Nigerian company under dubious circumstances.
Clontarf obtained a High Court injunction against the Ghanaian state on the overlap.
In July 2014 an out-of-court settlement to adjust block coordinates to preserve the (1,532km2) acreage on similar terms, with expedited ratification. These were agreed with GNPC, the state company.
Negotiations started with the new government in May 2017 to confirm details, followed by expedited ratification.
GNPC submitted to NPC in September 2018. Progress expected.