Mahogany, Teak, Akasa (MTA) Field
The Mahogany and Teak discoveries were made in 2007 and 2011 respectively. Both have since been appraised and approved for integration with Jubilee Field resources (Greater Jubilee Field Development).
The Akasa discovery was made in 2011 by the Akasa-1 well. The Akasa-2A well was subsequently drilled in 2013 to appraise the discovery. Further appraisal studies are ongoing to establish its commerciality.
Find below the Petroleum Agreement for the MTA field