Onshore Opportunities

Unlocking Ghana’s Frontier Hydrocarbon Potential

Ghana’s onshore petroleum prospects, particularly in the Voltaian Basin, represent one of the most exciting frontiers in West Africa. With vast acreage, encouraging early exploration results, and a government committed to sustainable resource development, onshore investment offers high-impact opportunities for forward-looking partners.

Why Onshore Ghana?

Vast Untapped Acreage

The Voltaian Basin covers more than 100,000 km², making it one of the largest untested inland basins in Africa. Explorco holds licenses across key blocks that show strong geological indicators of hydrocarbon potential.

Promising Early Results

Seismic surveys, soil gas sampling, and geochemical studies have confirmed the presence of petroleum systems. Indicators such as bitumen shows, hydrocarbon seepages, and type II kerogen source rocks suggest viable exploration prospects.

Strategic Farm-Down Opportunities

Explorco is open to partnerships with technically credible and financially strong investors. Farm-down opportunities provide a pathway to share risks and rewards while accelerating the basin’s development.

Supportive Investment Climate

Backed by GNPC and Ghana’s Ministry of Energy, onshore exploration benefits from transparent licensing, strong institutional support, and policies designed to attract global expertise.

Aligned with National Development

Onshore development not only advances energy security but also stimulates rural economies through job creation, infrastructure, and local content participation.

Current Onshore Assets

GH-VB-01

Operator: Explorco (100%)

Size: 5,480 km²

Status: Farm-down planned

2D seismic coverage of 1,558 km reveals promising stratigraphic and structural traps. Soil gas data, bitumen shows, and recent hydrocarbon seepages confirm strong exploration potential. Evidence also indicates the presence of marine source rocks containing Type II kerogen.

Work Commitment: Geological and geophysical (G&G) studies and drilling of one exploration well within three years.

GH-VB-03

Operator: Bay Veritas (75%)

Partners: GNPC (15%), Explorco (10%)

Size: 7,017 km²

Exploration targets lie within the Kwahu-Bombuaka sequence, with estimated prospective resources of about 2 billion barrels. The block shows active petroleum indicators and favourable hydrocarbon migration pathways.

Work Commitment: Geological and geophysical (G&G) studies and drilling of one exploration well.

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Hon. Benjamin Ayiku
Board Member

Hon. Benjamin Narteh Ayiku is a Ghanaian politician and a prominent member of the National Democratic Congress (NDC). He currently serves as the Member of Parliament (MP) for the Ledzokuku Constituency (Teshie) in the Greater Accra Region. In August 2025, he was appointed to the Board of GNPC Explorco. 

Key Strengths

Beyond his constituency, he serves on several influential parliamentary committees, including Security and Intelligence, Economy and Development, and Food, Agriculture and Cocoa Affairs, indicating a well-rounded expertise in national governance.

Ayiku has prioritized local safety through his "Light Up Teshie" efforts, donating and installing over 2,000 streetlights across the constituency to curb nighttime criminal activities. He has also focused on road rehabilitation projects to improve accessibility for residents.

Experience

Hon. Benjamin Narteh Ayiku has a diverse background spanning the corporate sector, entrepreneurship, and public service.

  • He served as a Production Manager at Stanbic Bank Ghana.
  • He is a trained Accountant 
  • He is the Founder and CEO of the Maxxon Filling Station chain of fuel stations.

Current External Roles

Hon. Benjamin Narteh Ayiku holds several key external and governance roles beyond his duties as the Member of Parliament for Ledzokuku: 

  • Board MemberGNPC Explorco
Kwame Ntow Amoah
Board Member

Kwame Ntow Amoah joined GNPC as acting chief executive officer on February 17, 2025. In August 2025, The Energy Minister appointed him as a Board Member of GNPC Explorco.

Key Strengths

Kwame Ntow Amoah has over 33 years of experience in the petroleum industry with a wealth of expertise in leadership, energy economics, public and corporate policy, strategy development, finance raising, and negotiations.

Experience

Throughout his career, Mr. Amoah has held key leadership roles, including Deputy Chief Executive at GNPC and Advisor to the Minister of Energy/Director of Petroleum at the Ministry of Energy. He has also served as Chairman and Member of various national, international, and industry boards and committees. Mr. Amoah has played a pivotal role in international arbitration cases involving Ghana. His contributions include serving as Technical Advisor for Ghana in the Maritime Boundary Case, which the country won on September 23, 2017.

Current External Roles

  • Chairman of the African Petroleum Producers’ Organization (APPO)
  • Board Member, GNPC Foundation
  • Chairman, GNPC-Technip Engineering Services Limited
Samuel O. Arthur
Managing Director

In August 2025, The Energy Minister appointed Samuel Opoku Arthur as a Board Member of GNPC Explorco.

Key Strengths

15+ years in energy sector operations, commercial strategy, and project development, coordinating exploration planning, stakeholder engagement, and execution of large frontier projects.

Experience

A senior energy and commercial executive with 25+ years of experience across oil and gas, power, mining, and industry in Ghana. He served as Director of Petroleum at the Ministry of Energy & Green Transition in 2025 and previously spent over 12 years at the Ghana National Petroleum Corporation in strategic and gas business leadership roles. His earlier career includes commercial and operational positions with INSYSS Ghana Ltd, Lancaster Plant Ltd, Metso Minerals, and ExxonMobil Corporation.

Current External Roles

Serves as the Managing Director for GNPC Explorco.

Dr Aaron Issa Anafure
Chairman

In August 2025, The Energy Minister appointed Dr. Anafure as the Board Chairman of GNPC Explorco.

Key Strengths

Dr Aaron Issah Anafure is an accomplished insurance professional with extensive credentials and achievements.

Experience

Previously, he served as CEO of SIC Life and CDH Life Insurance Company Limited, and was instrumental in founding SIC Life Savings and Loans. Under his leadership, the company won the Chartered Institute of Marketing (CIMG) Life category award five times and was inducted into the CIMG Hall of Fame in 2018.

Current External Roles

CEO - Quality Life Assurance Company (QLAC).

Seth Kwame Boateng
Corporate Affairs

Seth Kwame Boateng is a multi-award-winning Ghanaian journalist and documentary filmmaker who brings over two decades of impact storytelling to corporate communications. His work has shaped national conversations and led to major public-interest reforms through powerful investigative films such as Locked and Forgotten, Left to Rot, and Next to Die.

As Head of Corporate Affairs, Seth leads stakeholder engagement, media relations, and ESG communications—delivering clear, credible messaging that builds trust with communities, regulators, and partners.

He is the recipient of several prestigious honours, including:

  • GJA Journalist of the Year (2015)
  • WAMECA West African Journalist of the Year
  • ICFJ Global Health Reporting Award (2017)
  • WHO Road Safety Reporting Contest winner (2022)
  • George Ayittey Memorial Award for Excellence in Journalism (2023)

Seth holds an MPH in Health Management Planning & Policy from the University of Leeds, an MA in Communication Studies from the University of Ghana, an MA in Conflict, Peace & Security from KAIPTC, and a BA in Economics & Sociology from the University of Cape Coast.

A

Onshore Opportunities

Unlocking Ghana’s Frontier Hydrocarbon Potential

Ghana’s onshore petroleum prospects, particularly in the Voltaian Basin, represent one of the most exciting frontiers in West Africa. With vast acreage, encouraging early exploration results, and a government committed to sustainable resource development, onshore investment offers high-impact opportunities for forward-looking partners.

Why Onshore Ghana?

Vast Untapped Acreage

The Voltaian Basin covers more than 100,000 km², making it one of the largest untested inland basins in Africa. Explorco holds licenses across key blocks that show strong geological indicators of hydrocarbon potential.

Promising Early Results

Seismic surveys, soil gas sampling, and geochemical studies have confirmed the presence of petroleum systems. Indicators such as bitumen shows, hydrocarbon seepages, and type II kerogen source rocks suggest viable exploration prospects.

Strategic Farm-Down Opportunities

Explorco is open to partnerships with technically credible and financially strong investors. Farm-down opportunities provide a pathway to share risks and rewards while accelerating the basin’s development.

Supportive Investment Climate

Backed by GNPC and Ghana’s Ministry of Energy, onshore exploration benefits from transparent licensing, strong institutional support, and policies designed to attract global expertise.

Aligned with National Development

Onshore development not only advances energy security but also stimulates rural economies through job creation, infrastructure, and local content participation.

Current Onshore Assets

GH-VB-01

Operator: Explorco (100%)

Size: 5,480 km²

Status: Farm-down planned

2D seismic coverage of 1,558 km reveals promising stratigraphic and structural traps. Soil gas data, bitumen shows, and recent hydrocarbon seepages confirm strong exploration potential. Evidence also indicates the presence of marine source rocks containing Type II kerogen.

Work Commitment: Geological and geophysical (G&G) studies and drilling of one exploration well within three years.

GH-VB-03

Operator: Bay Veritas (75%)

Partners: GNPC (15%), Explorco (10%)

Size: 7,017 km²

Exploration targets lie within the Kwahu-Bombuaka sequence, with estimated prospective resources of about 2 billion barrels. The block shows active petroleum indicators and favourable hydrocarbon migration pathways.

Work Commitment: Geological and geophysical (G&G) studies and drilling of one exploration well.