President John Dramani Mahama has revealed a fresh oil discovery in the Deepwater Cape Three Points block in the Tano Basin, offshore Ghana. The breakthrough was achieved by Planet 1 Oil and Gas Limited together with Bowler Upstream Limited and the Ghana National Petroleum Corporation (GNPC). Addressing the 2026 Petroleum Commission Local Content Conference and Exhibition in the Western Region on Tuesday, November 10, 2026, President Mahama hailed the find as a landmark achievement for Ghana’s oil and gas sector.
He explained that the N1 GDA 9 1 X well represents Ghana’s first successful drilling of a Cenomanian-Turonian carbonate formation as a main exploration target, while also probing the Albian formation as a secondary target. The find boosts exploration prospects in the Tano Basin, although additional appraisal drilling will be required to confirm its size and commercial worth before any production plans can move forward.
