The 359 mile (579 km) Atlantic Ocean coastline of Liberia opens up into the oil laden Gulf of Guinea.
Although the neighboring countries of Cote d'Ivoire (Ivory Coast) and Sierra Leone have been proven to posess substantial offshore oil reserves, the waters off the coast of Liberia are only now beginning to be explored and tapped. Recent seismic tests indicate vast untapped oil reserves in Liberian territorial waters, making the future bright for the country's emerging economy.

The restoration of the Liberian infrastructure and the raising of incomes in the economy began with the settlement of civil warfare, the implementation of sound macro- and micro-economic policies, including the encouragement of foreign investment, and generous support from donor countries.

With the cessation of civil war and visionary policies implemented by the new government, the economy of Liberia is now recovering and starting to flourish. Tricoastal Oil & Gas Ltd. is seeking to collaborate with projects and provide the wherewithal that would facilitate the development of Liberian offshore oil and gas exploration.
The number of international resource sector companies that are looking to establish a presence in Liberia has tripled since 2004, making the relatively overlooked Liberian Atlantic Ocean coastline one of the most exciting new areas for deep water exploration.