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Belize Oilwatch

06/01/12 8:16 PM

#33035 RE: DTL #33034

I agree it doesn't go smoothly in oil exploration.

But in all my 30 years of oilfield experience (including exploration, development, production and decommissioning) no-one has ever:
(1) Had to stop operations due to poor site prep (like Treaty has)
(2) Wait for almost 2 months before logging a well after it reached TD (but Treaty has) [approximate delay - TD was on Jan 27th but can't find the exact date that the well was logged or the video posted right now]
(3) Announced an oil discovery of 6 million barrels without anything to prove it, then have the local Government call the comapny a liar in a Press Release (but Treaty has)

Sorry about my silence today but I had to go visit an oilfield just to remind myself that they really do exist in Belize. Now I am back I will try to address the multiple questions asked of me during my absence.