Kosmos Energy has discovered oil in the Banda-1 exploration well on the West Cape Three Points Block, offshore Ghana.

The well was drilled in a water depth of 921m to a total depth of 4,580m in the eastern portion of the block.

According to the company, the results of drilling, wireline logs and reservoir fluid samples show that the well penetrated net oil-bearing pay of three meters.

Oil samples recovered from the Cenomanian-age reservoir indicate oil of about 40 degrees API gravity.

The Banda-1 discovery opens a new play fairway not previously discovered on the West Cape Three Points Block or adjacent Deepwater Tano Block.

The Banda-1 well was also designed to test the Upper Campanian interval, which was water bearing.

Kosmos Energy holds a 30.875% interest in the West Cape Three Points Block and is its operator.