More oil finds expected off coast of Africa

ANADARKO PETROLEUM CORP, the US natural gas producer with a share in Ghana's Jubilee project, expects to make more finds off Africa's coast.

"We have Ghana, which is going to be an established producing area," said Frank Patterson, vice president of international exploration. Mr Patterson also mentioned Sierra Leone, Liberia, Mozambique and Kenya as possible areas for finds.

Anadarko made a gas discovery in February off the coast of Mozambique and in September discovered crude off the coast of Sierra Leone. The company will collect seismic data on two blocks offshore Cote d'Ivoire this year.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W:

twn Are you sure that you want to switch to desktop version?