Russia's biggest independent oil producer, OAO Lukoil Holdings (LKOH.RS), is keen to keep drilling off the coast of Ghana despite two dry wells this year, and plans to drill another two to four wells there in 2012, the company's Deputy Chief Executive Leonid Fedun said Friday.

Lukoil spent $161 million on two exploration wells off the coast of
Ghana between July and September. Neither showed commercial reserves.

The company also plans further drilling in the
Ivory Coast and Sierra Leone , Fedun said without giving further detail.