Chairpersons and members of the House Committees on Lands, Mines and Energy, Public Utility, Investment and Concessions, Judiciary, Contracts and Monopolies and State Enterprises, Public Autonomous Commissions and Agencies, ladies and gentlemen.

My Fellow Liberians,

A few days ago, I received a renegotiated agreement from the National Oil Company of Liberia (NOCAL), which chairs the Hydrocarbon Technical Committee. Signed by representatives of NOCAL, ExxonMobil, the Canadian Overseas Petroleum Ltd. (COPL) and Peppercoast, this agreement, upon my signature, when ratified by the Honorable Legislature and printed into handbills, will transfer operational rights of oil block LB-13 from Peppercoast to ExxonMobil and the Canadian Overseas Petroleum Ltd (COPL), with ExxonMobil owning 80 percent and COPL owning 20 percent of the operational rights.

Members of the Press, fellow Liberians.

Thank you for coming today. In view of all the activities of the past weekend, I think it is important to provide some context and clarification regarding the operations at the Liberia Airport Authority (LAA). WE remain grateful to the President for the privilege of serving our country as Chair of the Board of Directors of the LAA. I have provided leadership at the LAA in as professional a manner as is possible. It is never in the interest of the organization or the country to run the organization in the Press, but as I noted earlier the events of the past weekend require setting the record straight.

Praise the lord.  I wish to declare that god is good all the time, and all the time, god is good.