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Wednesday, 05/25/2011 10:54:24 AM

Wednesday, May 25, 2011 10:54:24 AM

Post# of 116863
Big Creek is almost due west of our field office in Placencia. Placencia looks like a spit of land offshore, and the office is at its southern tip. Big Creek is where BNE "trucks" its oil and off-loads it to an oil barge to take to market. Belize has not yet built a refinery, but I believe its in the works, and will be become a reality as more oil comes on line. Monkey River can be seen on Google Maps (satellite view). Monkey River Road runs almost due north and south from the Southern Highway to Monkey River Town at the mouth of the river. It was not built in 2007, and gives us a tremendous advantage for locating our drilling rig for the local Monkey river hotspots. It extends about 13 miles from the Southern Highway to Monkey river Town. If we hit oil along this road our costs to market would dwarf BNE's and we could even build a pipeline to Monkey River Town. On Google you can see a couple of spots cleared off along the road. One of these may be where we intend to spud in. A third hotspot exists at the north end of Monkey River Road, just south of the Highway ("on the oilside") of the road because the other side (of the Souther Highway) looks like Belizean rain forest and national reserve territory.

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