West Cape Three Points is held by Tullow with 22.9%, Kosmos with 30.88%, Oxy with 30.88%, PetroSA Ghana with 1.85%, GNPC with 10%, and EO Group with 3.5%.

Parallel to the appraisal drilling programme, phase I development of the core field has progressed at a rapid pace since July 2008.

[2] Tullow Oil failed to meet production targets at the Jubilee oilfield at the end of 2012, causing problems for the firm and the Ghanaian government.

On April 11, 2011, the Civil Society Platform on Oil and Gas (funded by the World Bank) gave Ghana a "C" grade in its Readiness Report Card.

[5] The grade given was a D. A transparent and competitive licensing and contracting processing in the oil and gas sector to properly start the operation of offshore drilling.

[5] This led to a vicious cycled relationship between the environmental degradation and poverty incidence as fishermen did not receive any compensation from oil companies.

the call on government to establish an inclusive process to manage the conflicting use of the sea and the development of clear regulations on compensations has received very little attention.

A study, by Oxfam America in 2009 on the environmental material for the first phase of the Jubilee project, summaries the weaknesses in the assessment as incorrect classification of the Jubilee project as Category B, no complete ESIA, preconceived conclusions, second-hand, single hulled tanker, inadequate assessment of impacts on endangered species, critical habitats, dumping of drilling wastes into the sea, and lack of demonstration of compliance with international standards.

[6] The grade given was a D. The fishing industry in Ghana accounts for nearly 5% of GDP and supported up to 10% of the country's population which approximated 2 million people that were involved in localized catching, marketing and processing.

[7] Fishermen noticed an increase of tankers, shipping traffic, and risks of collision as more ballasts were being dumped into sea, resulting in pollution and less fish.