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Wednesday, 05/25/2011 9:48:32 PM

Wednesday, May 25, 2011 9:48:32 PM

Post# of 116863
Correct me if you think I'm wrong, but if you look at Treaty's Belize slide show, slide No. 18. it appears to be a geophysical picture of Monkey River Town, south of Stann Creek. There is no anomaly offshore where Island Oil and Gas drilled a dry hole, but they (Island) "cored" (almost the entirety of) the hole and found very vuggy carbonites with residual petroleum products in the matrix. (According to their own report) They thought local faulting had permitted the petroleum to escape; however, they are probably wrong about that, they just missed the glory hole by about 3-5 miles. (Depending on how far offshore they drilled).

Just outside of Monkey River Town (in-land) is a nice bright anomaly which I presume is one of our drilling sites. Exploratory drilling (wildcats) efforts in the 21st century are successful over 50% of the time. It helps to have good data. Oiljob.

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