And thos my friends is yalls best froend Belize oi
Post# of 39368
Posted On: 07/06/2013 8:09:50 PM
And thos my friends is yalls best froend Belize oil watch at his best. That oil isn't in Belize.
In 58 years of oil exploration in Belize, only Belize Natural Energy (BNE) have declared commerciality and produced oil in Belize - so far. Their Spanish Lookout and Never Delay fields in western / central Belize are online - but declining rapidly.
Princess / Treaty have yet to swab/test their third well (San Juan #3). The first two wells, located about a mile away from the third were reported as sub-commercial (despite logging videos and declarations of significant reserves at the time which were refuted by the Government of Belize).
Treaty's working interest in the Princess Concession may be back to 50%. There is some information in the 10-K about rescission of the deal to sell 4% of Treaty Energy Belize with options to another party. Under the terms of their option agreement with Princess, Treaty pay 100% of the costs of the first 9 wells.
Just facts. From Belize.
Still condone his interests?? What does the 10k have to do with what Bull put up? and we all know and have been knowing what Treatys share is on san juan 3. No need to bash . Hes also an environmentalist that does t want oil wells or rigs where he lives. I dont trust this guy when it boils down to His intentions.. Why did he take the bashers side saying there is no oil in belize when everybody and their momma knows there is oil in Belize? Interesting to say the least. This guy needs to decide who he really wants to piss off. I suggest he blast those against the oil if hes going to try and blast us if he wants to seem honest and fair.
In 58 years of oil exploration in Belize, only Belize Natural Energy (BNE) have declared commerciality and produced oil in Belize - so far. Their Spanish Lookout and Never Delay fields in western / central Belize are online - but declining rapidly.
Princess / Treaty have yet to swab/test their third well (San Juan #3). The first two wells, located about a mile away from the third were reported as sub-commercial (despite logging videos and declarations of significant reserves at the time which were refuted by the Government of Belize).
Treaty's working interest in the Princess Concession may be back to 50%. There is some information in the 10-K about rescission of the deal to sell 4% of Treaty Energy Belize with options to another party. Under the terms of their option agreement with Princess, Treaty pay 100% of the costs of the first 9 wells.
Just facts. From Belize.
Still condone his interests?? What does the 10k have to do with what Bull put up? and we all know and have been knowing what Treatys share is on san juan 3. No need to bash . Hes also an environmentalist that does t want oil wells or rigs where he lives. I dont trust this guy when it boils down to His intentions.. Why did he take the bashers side saying there is no oil in belize when everybody and their momma knows there is oil in Belize? Interesting to say the least. This guy needs to decide who he really wants to piss off. I suggest he blast those against the oil if hes going to try and blast us if he wants to seem honest and fair.
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