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Post# of 116863
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Belize Oilwatch

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Belize Oilwatch

Re: coolnapz post# 33068

Saturday, 06/02/2012 8:47:15 PM

Saturday, June 02, 2012 8:47:15 PM

Post# of 116863
GoB is not the most open government with information about the oil industry, I agree.

But one big difference that you are overlooking. BNE had proof that they had found oil, Treaty haven't (yet).

Important to note that Treaty have not officially reported proven reserves in Belize to the SEC.

If they had the SEC would have fined them and possibly shut them down for false reporting. IMO - as a previously certified reserves auditor inside the oil company I worked for.

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