Ghana: Kojo Annan behind Gondwana deal
Issue 275
- 11 Apr 2014
| 1 minute read
A company controversially awarded right of first refusal for the Offshore Cape Three Points South Block obtained its rights via Kojo Annan, the businessman son of former UN secretary-general Kofi Annan. Gondwana Oil Corporation’s listing statement for the Canadian Securities Exchange says that Gondwana acquired 70% of Miura Petroleum from Kojo Annan and Kareem Abu on 4 November 2013 in exchange for $1.5m in cash. Miura has preferential rights to negotiate for the block, which includes acreage relinquished by Hess.
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