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Re: Belize Natural Energy Limited set to drill for Oil and Gas #19346
06/24/05 02:18 PM
06/24/05 02:18 PM
Joined: Nov 2002
Posts: 3,484
San Pedro
S
Sir Isaac Newton Offline
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Sir Isaac Newton  Offline
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Nope, not a lease pilgram, pre-paid hotel accomodations. See, you just learned something, it's a good day!

Accomodations are exempt from Sales Tax. The BTB helped us out with that one. Justly so, the BTB has drafted new timeshare legislation and will be the governing agency for this new emerging market. Timeshare sales collect Hotel Tax (BTB) on an annual basis when used by the members. Very fair taxation. Business Tax (1.75%) is also collected on the sales.

Know ya' know....

CIN (The C is for the C-notes you owe me)


Check out my site: www.ambergriscayerealestate.net
Re: Belize Natural Energy Limited set to drill for Oil and Gas #19347
01/11/06 09:29 AM
01/11/06 09:29 AM
Joined: Nov 2002
Posts: 3,484
San Pedro
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Sir Isaac Newton Offline
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Sir Isaac Newton  Offline
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For the past nine days, tanker trucks have been transporting thousands of barrels of Belizean oil from wells in Spanish Lookout to the Big Creek port to fill a forty-five thousand barrel barge waiting in the harbour.


Check out my site: www.ambergriscayerealestate.net
Re: Belize Natural Energy Limited set to drill for Oil and Gas #19348
01/11/06 07:35 PM
01/11/06 07:35 PM
Joined: Mar 2001
Posts: 11,036
Rockport, Maine
klcman Offline
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klcman  Offline
Belmopan,Belize 11 January (Belizean.com) Belize will make its first export of crude oil to the USA later this week following the discovery of oil in commercial quantities late last year.

For the past nine days, tanker trucks have been transporting thousands of barrels of Belizean oil from wells in the Spanish Lookout area of Western Belize to the Big Creek port to fill a forty-five thousand barrel barge waiting in the harbour. From there it will be shipped to Texas for refining.

Belize Natural Energy officials told the media today that the first well, Michael Usher Number One, is producing approximately eight hundred barrels a day while Usher Two is flowing at a rate of one thousand barrels a day. Production testing is being done on these wells, and the oil extracted is what is being exported to the USA. Two more wells are now being drilled. And five other companies have applied for licenses to drill for oil in other parts of Belize.

According to Andre Cho, an official in he Belize Petroleum Office, the Belize Sweet Crude Light oil is similar in quality to the west Texas intermediate crude oil, which at this time is selling for about sixty-two U.S. dollars per.

Belize has no oil refinery, but the crude oil is of such a high quality that at least one gasoline station is selling Belize Sweet Light Crude at US$1.80 a gallon. Some motorists are blending the oil and diesel half and half to run their diesel powered vehicles. Some larger engines, like those in large trucks and heavy equipment, are using the oil without any mixing


_ _ _ _ _ _ _________________ _ _ _ _ _ _
But then what do I know, I am but a mere caveman
Re: Belize Natural Energy Limited set to drill for Oil and Gas #19349
01/12/06 12:45 AM
01/12/06 12:45 AM
Joined: Aug 2005
Posts: 32
Fresno, California
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Vic the Knife Offline
 
Vic the Knife  Offline
V
Hey k - stutter?

Re: Belize Natural Energy Limited set to drill for Oil and Gas #19350
01/12/06 12:55 AM
01/12/06 12:55 AM
Joined: Aug 2005
Posts: 32
Fresno, California
V
Vic the Knife Offline
 
Vic the Knife  Offline
V
klcdude - btw - my goofy husband forgot to log out - that's from me not him (he would never be such a pain wink )
--lawcucui

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