ExxonMobil is back to planning its deepwater commitment well off Liberia after the country was declared Ebola-free by the World Health Organisation. The US supermajor was planning to drill a well in its LB-13 block last year but postponed it due to the Ebola outbreak. There are also rumours that it was trying to farm down its 83% interest in the block ahead of drilling. The remaining 17% is held by Canadian Overseas Petroleum (COP). ExxonMobil agreed to fund drilling up to a total US $120m when it farmed in, despite the fact that the acreage is next to two blocks held by Chevron where drilling results have been disappointing.
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