GENERAL NEWS
MINISTRY OF ENERGY MEETS THE PRESS-IS GHANA LOSING $30 BILLION?
Imani tried to alarm Ghanaians about a potential loss of $30 billion to the country if the government failed to negotiate a new petroleum agreement with new terms with the DWT/CTP partners. This is absolutely false.
Aker Energy, on behalf of its partners announced after a successful appraisal of the Pecan Field discovery, a significant oil find as captured below:
“Based on existing subsurface data from seismic, wells drilled and an analysis of the Pecan -4A well result, the existing discoveries are estimated to contain gross contingent resources (2C) of 450 – 550 million barrels of oil equivalent (mmboe)”.
*How did IMANI arrive at valuation of the field at $30 billion?*
It simply multiplied the assumed price of $65 per barrel by 450 million barrels. This exposes the weaknesses in IMANI’s analyses as well asits poor understanding of petroleum economics.
The 450 million barrels of oil equivalent are gross contingent resources, which are the potential resource available all of which cannot be recovered under current technology. IMANI wants us to believe that all the 450million barrels of oil equivalent will be produced but fails to explain how that can be.
In Ghana, our average crude oil recovery rate is 25%. At this rate, the field value will be estimated at $7.3 billion assuming a price of $65 per barrel. We are working with Aker Energy to enhance oil recovery mechanismto achieve a recovery rate of 40%, which will be the highest in Ghana’s oil and gas history and which occurrence will appreciate the value to $11.7 billion. This will be a significant gain for both Ghana and the partners.
GENERAL NEWS
Renowned Radio Personality, DJ Foxx Bids Farewell To Beloved Mother
The entire media fraternity and beyond is mourning with celebrated radio personality, DJ Foxx, as he lays his dear mother, Madam Sarah Amoah, to rest on June 29th, 2024.
The revered afternoon drive time host on Breeze 90.9 FM will bid a final farewell to his cherished mother, fondly known as Maame Fante, in a series of solemn ceremonies spanning from June 29th to 30th, 2024, at Methodist Park, Ablekuma Agape, Accra.
Madam Sarah Amoah, a pillar of kindness and compassion, leaves behind a legacy of warmth and generosity, having touched countless lives with her boundless love and respect for all. Her remarkable life, spanning 69 years, will be celebrated in a dignified burial and final funeral rites on June 29th, followed by a Thanksgiving service on June 30th.
DJ Foxx extends a heartfelt invitation to his colleagues in the media, friends, family, and the general public to join him in paying their last respects to his beloved mother.
Let us come together to mourn the loss of an extraordinary woman and offer support to DJ Foxx during this difficult time.
For further information and inquiries, please contact:
Bro Emma: 0242310871
Bro Dave: 0550994252
May Madam Sarah Amoah’s soul rest in eternal peace.
GENERAL NEWS
Mightily Miracles recorded as Apostle Johnson Suleman storms South America with Jesus Christ
In recent times, the global Christian community has witnessed a remarkable wave of miracles, signs, and wonders, all credited to the popular renowned Nigerian Pastor, Apostle Johnson Suleman of Omega Fire Ministries Worldwide. As if a tsunami of divine intervention, Apostle Suleman has taken South America, particularly Venezuela, by storm, leaving an indelible mark on the hearts of the people.
The mega crusade in Venezuela, aptly themed “Power As Of Old” #Intimacy2024, became the perfect platform for Apostle Suleman to showcase the power and glory of Jesus Christ.
The event, which attracted thousands of worshipers, witnessed awe-inspiring, supernatural occurrences that left the Venezuelan crowd astounded. The testimonies of the people were filled with expressions of awe and amazement, as they exclaimed, “We have not seen these before – mighty miracles, signs, and wonders as of bible days.”
This display of God’s power through Apostle Suleman’s ministration resonated deeply with the attendees, who eagerly sought divine intervention in their lives. The atmosphere was charged with fervor and faith, as Apostle Suleman’s powerful sermons and prayers ignited the hearts of the people, instilling in them a renewed sense of hope and belief in the miraculous through the power of our Lord Jesus Christ
Watch Video:
Nigerians reacts at Apostle Johnson Suleman’s Humanitarian Gesture in Venezuela 🇻🇪
@James_samson says “9ja Bloggers will not see this one to blog, always negative and toxic, Apostle Johnson Suleman is indeed a world figure for real”.
@IjeomaJohnson_
says “This is what true Christianity should be about, we’re so proud of you Apostle as you’re taking Nigeria’s flag across the globe for good”.
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