On 18 January 2018, Exxon Mobil Corp signed a PSC to obtain exploration and production rights for the Deepwater Cape Three Points (DWCTP) block, offshore Ghana. The official award is still subject to governmental approval. The new block DWCTP (about 1,500 sq km) will not include the Dzata 2A gas discovery made by Vanco in 2011. It will be located between current blocks operated by PetroGulf, UB Resources and AGM Petroleum, in water depths ranging from 1,550 to 2,850 m. The US Major will hold 80% operated interest in the blocks, the Ghana National Petroleum Corporation (GNPC) will have 15% interest, and a minority partner (5%) is still to be identified. Exxon Mobil CEO Steve Greenlee commented âThe addition of this block reaffirms ExxonMobilâs commitment to pursuing high-quality projects in areas with large resource potential. We are excited to partner with the government of Ghana as we employ our significant upstream experience and technological expertise in assessing the exploration opportunities in this block.â 
ExxonMobil (80% op. GNPC 15%, Local partner 5%) signed for PSC rights to the Deepwater Cape Three Points (DWCTP) block.