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Allisone

02/07/12 2:40 PM

#26790 RE: geopressure #26786

Belize press Credibility Verification

I'm not sure of the sources credibility, I think that the Belizean Media is very bias against Oil & Gas Companies.

On the other hand, the quotes that are used are claimed to be from the Minister of Geology, & are pretty incriminating... IF this report is true, and that's a big IF, then I smell a class-action lawsuit just around the corner... Though it might be difficult finding a lawyer to file suit - TECO really doesn't have any assets to go after.



Good point.
Call Pedro (Andre's father) and Andre Cho direct.

They are both Geologists and in 100% agreement the oil claim is bogus. The Belize press has quoting them correctly as "..Either a sign of incompetence and/or a move to inflate PPS." They are exploring options of the ramifications of this action. New risk?

http://www.mnre.gov.bz/category/news-and-events/geology-and-petroleum-department/

m.
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Sure

02/07/12 2:42 PM

#26791 RE: geopressure #26786

NO ASSETS? In KS alone they have over 650 wells producing over 400 BOD. This is very serious production and most likley is the Mother Cow producing the coin they need for production.
Really Sure
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USA*2014

02/07/12 2:43 PM

#26792 RE: geopressure #26786

All the filings differ with that assessment...