Exxon Mobil Corporation XOM announced today that its Liberian affiliate
has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80 percent
interest in Liberia Block 13 (LB-13), comprising more than 625,000 acres
(2,500 square kilometers) offshore Liberia in water depths ranging from 250 to
10,000 feet (75 to 3,000 meters).
ExxonMobil Exploration and Production Liberia Limited and COPL received final
approval of the transaction from the Liberia national legislature and Liberia
President Ellen Johnson Sirleaf. The transaction closed on April 5, 2013.
ExxonMobil is the operator of LB-13. COPL has 20 percent interest in LB-13.
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