An oil find in Liberia, which is still recovering from two natural resource fuelled civil wars, could provide desperately needed revenues if the industry is sufficiently reformed. But Liberia is not currently ready for oil, a comprehensive reform of the country’s oil and gas industry is needed now...[This report] highlights current problems within the sector and provides a roadmap for the new government to address them. It provides recommendations to promote a transparent, accountable and sustainable oil and gas sector, in which the rights of communities are respected...[refers to Kosmos Energy, Tullow Petroleum, Anadarko, Ghana National Petroleum Corporation, Sabre Oil, National Oil Company of Liberia, African Petroleum, Regal Liberia (part of African Petroleum), European Hydrocarbons (part of African Petroleum), Chevron, Hong Kong Tong-Tai Petroleum International Corporation, Oranto Petroleum, Peppercoast Petroleum, Woodside West Africa, Repsol Exploracion, Simba Energy, Oriental Timber]