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Records of oil wealth have been around since the colonial days. Our colonial masters discovered oil but did not find the most commercial deposits. What they realized though was that oil was around somewhere and it was just a matter time for it to be discovered. AS governments came and went, all continued oil explorations but it wasn't until KUFFOURS time that we hit the jackpot. Jubilee oil fields which contained about 1.5billion barrels of oil was discovered and that was when oil made it into the Ghana media and from there became a national asset.