How do they know there is 6 million barrels in a r
Post# of 39368
Posted On: 09/06/2013 1:31:55 AM
How do they know there is 6 million barrels in a reservoir under their Belize Oil Lease? They have drilled 3 wells and failed to hit any oil, so how can they claim that there are 6 million barrels just waiting to be produced?
How did treaty arrive at these reserve figures? Did they have a reputable, 3rd party firm estimate these reserves? or did they throw dice?
How did treaty arrive at these reserve figures? Did they have a reputable, 3rd party firm estimate these reserves? or did they throw dice?
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