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Re: DTL post# 38898

Sunday, 07/29/2012 3:56:13 PM

Sunday, July 29, 2012 3:56:13 PM

Post# of 116865

From the July 5th PR
Max Mohamed, Treaty's Director of Operations in Belize, stated, "In order to more accurately define the size of the Stann Creek oil play that we are currently working on, we are seeking to permit and drill a total of six new wells that we believe will outline this play and then allow the potential of this oil play to be analyzed. A Reserve Report will then be issued to the GOB for their consideration and approval."

I am taking that to mean a total of 8 wells because the first 2 wells have already been permitted. GO TECO
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