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Friday, 05/25/2012 7:34:54 AM

Friday, May 25, 2012 7:34:54 AM

Post# of 116863
Belize Update - Spanish Lookout Oilfield

Spanish Lookout Oilfield (SPL) is one of the only two producing oilfields in Belize. The other is Never Delay field near the capital Belmopan. Fact.

I attach a photo from SPL oilfield as I was there yesterday. Fact.

Originally Treaty stated that where they were drilling near Independence and SPL were expected to be similar. Fact.

I am a Petroleum Engineer, not a geologist, but even I can see the difference in geological context here, rolling hills, vs. the flat plains on the other side of the Maya Mountains where Princess / Treaty is drilling. In My Opinion.

Why do you think the 3000 well qualified Technical Director for Treaty - who can't seem to drill a hole in the ground - can't see this? Question.

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