According to our correspondent, Sand miners along the Jor River have been reporting the emergence of fuel from underground when they are going about their mining activities. This drew the concern of stakeholders in the County including District #3 Representative Josiah Marvin Cole who recently invited a Nigerian oil company to investigate whether it was actually crude oil.
Following the assessment, the Chairman of DEECO Oil and Gas Ltd, Dr. Sunday Ayokunle Popoola spoke to a cross section of citizens at the Administration Building in Gbarnga, on Thursday, July 4, 2019 and “said after conducting a test it is now confirmed by DEECO that oil is being found underground of the Jor River”.
“The Jor River is located in the area where the Ellen Johnson Sirleaf Market is being constructed near the old LEC local office in the Gbarnga”, a citizen of Bong County residing in Monrovia told our reporter.
Dr. Popoola added that with the discovery of the crude oil his Company will now focus on exploration to see whether the oil is in commercial quantity.
DEECO Oil and Gas Ltd is a leading indigenous petroleum company in Africa and one of the largest independent oil and gas producer/petroleum product marketer in the world within 10 years of operation.
DEECO Chairman Popoola said they will only carryout mining activities, if their exploration proof that the oil is in huge quantity that can be marketed.
“We are committed to excellence and delivering with international best global practices, and we intend to exceed expectations,” Dr. Popoola added.
The Nigerian oil tycoon said it will cost his company about forty million United States Dollars just to do the exploration.
He said even though it is a big risk investing such money in exploration, but it will also bring huge benefits if the oil is in commercial quantity.
Chairman Popoola wants the people of Bong County to pray to God, stating “when the oil is in commercial quantity it will be a new day for Bong County and Liberia”.
He further said “if the oil is in commercial quantity in ten years Liberia will be like Europe and Gbarnga will be like Dubai in the United Arab Emirates”.
Dr. Popoola informed the citizens of Bong that Liberia is the first Country in Africa to get its independent, but it is the least Country in Africa in turn of development, noting only Africans can build Africa.
The Crude oil and Gas expertise boastfully said his Company has one of the best petroleum engineers in the world, because his engineers have worked in the West and Africa.