In Ghana, oil makes one fortune, breaks another
Asked to name oil producing countries, few would pick Ghana.
But on Monday (December 9) there were signs the west African country could make one fortune, and break another.
Kevin Okyere is the man celebrating.
His Springfield Oil said last month it had found 1.2 billion barrels of oil in Ghanaian waters.
That makes it the first African group to explore and find oil in deep water.
This month Okyere is expected to make an official announcement with Ghana's president.
(SOUNDBITE) (English) KEVIN OKYERE CEO OF SPRINGFIELD GROUP SAYING:
"I think it's an inspiration for the continent and that's what actually excites me. I think this is going to make people do much more and better than what Springfield have done, because they will fell that 'if Springfield can do it, then we sure can do better"
If confirmed, the find will hugely increase Ghana's oil output.
The block holds more oil than the Jubilee field, currently the country's biggest.
And that field isn't proving as happy a story for UK operator Tullow Oil.
Shares in the company tumbled around 70% on Monday.
The tumble came after it said its crude output would be far short of expectations.
Chief executive Paul McDade has stepped down as a result.
The Africa-focused firm also suspended its dividend.
