By OGJ editors
HOUSTON, Sept. 9 -- Chevron Corp. will begin a 3-year exploratory program in the fourth quarter this year of three deepwater blocks off Liberia.
Blocks LB-11, LB-12, and LB-14 are 12-110 miles south of Monrovia and cover a combined 3,700 sq miles.
“These licenses are on trend with new deepwater Cretaceous discoveries in the region,” said Ali Moshiri, president of Chevron Africa & Latin America Exploration & Production.
The Liberian government has approved acquisition by Chevron of 70% interests in the concessions. Chevron will be operator. The company didn’t elaborate on exploratory plans.
April 7, 2025
Ring Energy Inc.
