Exxon Starts Drilling Offshore West Africa

f3635c8a48ecaf1cd4a1664fe8a52e87ExxonMobil Exploration and Production Liberia Limited, an affiliate of ExxonMobil (NYSE:XOM), has started drilling a deepwater exploration well offshore West Africa in a first for an Exxon-operated well offshore of Liberia, Exxon’s partner in the project, Canadian Overseas Petroleum Limited, said on Wednesday.

The Canadian company owns a 17-percent working interest in the Block LB-13 offshore Liberia, while ExxonMobil is the operator with a working interest of 83 percent.

Back in 2013, when Exxon received Liberia’s government approval for exploration, the U.S. company said: “We appreciate the vote of confidence from the government of Liberia in our capability to help develop the nation’s hydrocarbon resources.”

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SOURCE: Oil Price.Com

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