Liberia: Liberia’s Hope for Oil Falters as ExxonMobil Fails to Find Oil

Jan 11, 2017 | James Harding Giahyue, FrontPageAfrica
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The future of Liberia’s oil and gas industry did not depend entirely on the outcome of ExxonMobil’s drilling activities last month but it has been dealt a significant blow. There were high hopes that success in the Mesurado-1 well, 50 miles off the coast, would have seen an immediate restart of the collapsed Liberian oil sector.