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Alias Born 03/26/2012

Re: None

Monday, 07/02/2012 11:49:30 AM

Monday, July 02, 2012 11:49:30 AM

Post# of 116863
Both Treaty and Government of Belize will want to announce a successful oil discovery as soon as possible. IMO.

Treaty for corporate reasons, as in the past, and GoB because falling oil production at Spanish Lookout is putting a big hole in their Budget.

I understand (from Board) that wireline logging was finished last week.

Lack of news makes me suspect they did not find oil in commercial quantities. IMO.

This week should tell with a press release from one or both.

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