GNPC in an effort to revive the field entered into an agreement with Lushann Eternit in the year 2000. This agreement resulted in the formation of a joint venture company - Saltpond Offshore Producing Company Ltd (SOPCL) – which is currently operating the field.
In the North and the South Tano fields, a number of appraisal wells have been drilled. Beyond this, GNPC has carried out an extended production test in the South Tano field. Currently, GNPC is talking to a number of oil companies to utilize the gas from these fields for power generation. A 125 MW power barge is already available in Ghana for such a venture.
The 3-AX block is envisaged to be an additional source of gas for the Tano power generation project.
The Cape Three Points and the West Tano discoveries are yet to be appraised.