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18-Nov-2014

Liberia Bid Round 2014 Closes

(MONROVIA – November 18, 2014): The National Oil Company of Liberia (NOCAL) today announces that the Liberia Basin competitive bid round has closed. Bids from pre-qualified companies were opened by independent advisors EY (formerly Ernst and Young) in London on Monday 17 November in the presence of NOCAL and NOCAL’s data partners TGS Nopec. EY will now provide NOCAL with an independent evaluation of the fiscal terms contained in each bid.

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