This is an astute move by CVX into this region. I did a little research on what is happening in this area and found that a private British company called Hummingbird Resources have a project called Dugbe adjacent to our new exploration area. They have an interesting website with detailed info on what they are up to in Liberia and in particular what they think of this area. Worth a visit.
Here's the link: http://www.hummingbirdresources.co.uk/dugbe:28
CVX Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held