Liberia: ExxonMobil drills, African Petroleum pulls out

ExxonMobil began drilling the Mesurado-1 well on Block LB-13 on 22 November using the Seadrill West Saturn drillship. The well is being drilled about 50 miles offshore in 2,500 metres of water, targeting oil in Late Cretaceous sands.Meanwhile, African Petroleum, which drilled three wells offshore Liberia, has withdrawn from blocks LB-08 and LB-09 following the expiry of the production-sharing contracts. The company said the contracts had expired in June 2016 and it had been unable to agree an extension with Liberian authorities.