Small Oil Companies Eye Huge Prize in Ghana

Small Oil Companies Eye Huge Prize in Ghana
Washington DC (SPX) Mar 31, 2014 - Since the first discovery of the massive Jubilee oilfield in Ghana by a start-up company, the West African playing field has begun to change, and so too have investor sentiments, disappointed most recently by the low fourth-quarter 2013 results of major integrated oil companies like Exxon, Shell, Chevron and BP. But while the supermajors are struggling with soaring project costs and poor b ... more

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