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USA*2014

04/21/12 10:53 AM

#30957 RE: Belize Oilwatch #30956

Treaty has the expertise and labor force to handle Belize so why would anyone listen to a Photographer on such an important issue.

Treaty gave the numbers and they are the experts...
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Stiflerz28camarohemi

04/21/12 11:59 AM

#30959 RE: Belize Oilwatch #30956

The Princess/Treaty reservoir area was determined in size by Satellite image and Chem-Tool. Pay-zone depth was determined from actual drilling and mud logging. Porosity and saturation were gauged visually and outside consultants using statistical modeling, with low-side parameters predicted a reservoir size of 6M barrels. This figure could grow depending on the trending of the reservoir.
Its called technology. Theres your 8 k statement that you failed to look over. So you are saying with your limited info that Treaty is lying to the SEC? BTW it says there may be more than 6M. And thats just recoverable , theres more than double that actually there. Unless your personal satellites and mud logs state otherwise sir.