BUSINESS

Matthew Opoku Prempeh applauds Anadarko Petroleum’s move to Kosmos Energy Ghana

The Minister of Energy, Dr Matthew Opoku Prempeh has applauded the move by Anadarko Petroleum Ghana to transfer new shares to Kosmos Energy Ghana.

The Minister of Energy, Dr Matthew Opoku Prempeh has applauded the move by Anadarko Petroleum Ghana to transfer new shares to Kosmos Energy Ghana.

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At a meeting at the Ministry of Energy in the presence of officials of the National Oil Company, Ghana National Petroleum Corporation (GNPC), the Energy Minister described Anadarko’s decision to transfer their existing shares in the West Cape Three Points (WCTP) to Kosmos Energy as a step in the direction.

He said selecting Kosmos as their preferred buyer is also very much in order as they exit the petroleum agreement between the company and Ghana.

Dr Prempeh underscored the essence of due diligence in the transfer process, as he on the back of the available information and briefing expressed consent to the sale and transfer of shares.

The Minister indicated Ghana’s commitment to sound Investor Relations. This cordiality in his view would ensure that Ghana judiciously exploits its petroleum resources for the benefit of its people.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: freedomradiogh.com

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