I have always strongly believed that Belize has oil. Now whether SJ no. 3 is the hole that TECO has been able to simply supply more evidence of the 16mm reservoir or take it one step further and produce a commercial quantity are my questions. Will any W. Texas revenue continue to fund SJ no's 4-8 drilling or will TBE realize enough immediate commercial revenue from SJ no. 3 for self-sustaining Belize funding for ongoing operations. We should know this week according to the company.
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