IRVING, Texas, April 8 (UPI) -- The Liberian government signed off on a deal to acquire 625,000 acres offshore Liberia from Canadian Overseas Petroleum, U.S. supermajor Exxon Mobil said.
Exxon said it took on 80 percent of the interest in offshore Block 13, which is situated in waters ranging from 250 to 10,000 feet. Liberian President Ellen John Sirleaf signed off on the acquisition last week.