African Petroleum says strikes oil off Liberia
Economy, Liberia, West Africa — By AfricaTimes on February 21, 2012 11:01 amAfrican Petroleum Corp said on Tuesday it had made a significant oil discovery from its Narina-1 well at its offshore LB-09 block in Liberia.
“Narina-1 has identified a potentially large accumulation of light good quality oil at the Turonian level as well as excellent quality oil in the Albian,” chief executive Karl Thompson said in a statement.
Australia-listed African Petroleum was planning an “extensive exploration and appraisal programme in Liberia in 2012,” he said.
Reuters.
Tags: Liberia
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