Liberia: ExxonMobil to drill in November
Issue 333
- 29 Oct 2016
| 1 minute read
Operator ExxonMobil has said it plans to begin drilling its first well offshore Liberia in November (AE 309/13). The Mesurado-1 well on Block LB-13 will target Cretaceous Santonian-age reservoirs. Operations will be based out of Abidjan, in neighbouring Côte d’Ivoire. ExxonMobil farmed into the block in 2013, taking 83%, but drilling was delayed by the outbreak of the Ebola epidemic in 2014. The other 17% is held by Canadian Overseas Petroleum, which is carried by Exxon for its share of the first $120m of drilling costs.
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