Teeling exploration company 'hopeful' of resolution to Ghana land dispute

Irish exploration company Clontarf Energy has said it remains "hopeful" it can reach agreement on a long-running dispute over lost acreage in Ghana.

The company has been seeking land compensation in Ghana for more than a decade after a rival US/Nigerian company was wrongly awarded part of Clontarf's onshore Tano 2A block. While Clontarf - and sister company Petrel Resources - reached agreement, in 2014, with the Ghanaian National Petroleum Company it is still awaiting formal government approval.