New Oil Finds Raises Hope Of A Better life In Liberia And Sierra Leone

New Oil Finds Off Liberia And Sierra Leone -- BBC

Oil has been found off the coasts of Liberia and Sierra Leone, energy companies have announced.

African Petroleum and Anadarko say further tests are needed to see how commercially viable the finds are.

Nevertheless, hopes have been raised that an oil bonanza could spur growth in the West African states - still recovering from civil wars.

Drillers rushed to the region five years ago when one of Africa's biggest oil fields was discovered off Ghana.

Liberia and Sierra Leone have been eager to develop their mining and energy industries after years of conflict hindered investment and left infrastructure in ruins.

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My Comment: If there is a part of the world that needs a break, it is this part of Africa.

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