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All the open acreages are available for licensing. The fine-tuning of identified prospects and the development of new ones are currently underway in GNPC. Existing geophysical and geological data on the open acreages are available in GNPC for review and licensing.
The legal framework governing Petroleum exploration and production is being reviewed to create a very competitive business environment for investment in Ghana over others in the sub-region and the international oil industry.
Today in Ghana, the political environment is favourable, the petroleum geology is good and the draft legal framework is excellent for investment in the country.
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