Previous Thread
Next Thread
Print Thread
Page 1 of 3 1 2 3
Oil prospects in Belize #19577
08/05/05 08:41 PM
08/05/05 08:41 PM
Joined: Oct 1999
Posts: 73,320
oregon, spr
Marty Offline OP

Marty  Offline OP
Oil Prospects Good!

03 August, 2005 - Belmopan
Today, at a special sitting of the House of Representatives, Prime
Minister Said Musa updated his colleagues and the Belizean public on the
results of preliminary drilling for oil by Belize Natural Energy Limited
and its partners in the Spanish Lookout Area of the Cayo District.

The Prime Minister confirmed that one of the zones tested resulted in
naturally flowing oil at a constant rate and pressure, producing 500
barrels per day.

On June 3rd, 2005, after prolonged studies and repeated tests including
seismic exploration, local exploration company Belize Natural Energy
Limited, with its partners Aspect Energy LLC and CHx LLC, commenced
exploration drilling in the Spanish Lookout area of the Cayo District.

After approximately 30 days of drilling, the well has been secured, and
testing has commenced. Fluid recovery from two prospective zones has
taken place, with the second revealing 95% oil recovery. This oil is of
an API gravity of approximately 38 degrees and is testing at an initial
rate of 500 barrels per day.

Additional testing over the next few months will be required to
determine the commercial viability of this site to ascertain if the oil
recovered is originating from a large or small reservoir. Belize
Natural Energy Limited and its partners also expect to drill an offshore
confirmation test and hope to be able to declare commercial production
after testing is concluded.

Belize Natural Energy Ltd originally acquired a 463,000 acre exploration
license onshore Belize, this acreage has been added to and a total of
478,000 acres is now available for exploration under a Production
Sharing Agreement (PSA) with the Government of Belize signed in Jan
2002. In July 2004 an additional acreage from Block 5A (adjoining to
original) was granted bringing the acreage to 595,000 acres.

'All indications from the start of drilling to today continue to be
positive,' confirmed an official of the company.

Re: Oil prospects in Belize #19578
08/11/05 07:37 AM
08/11/05 07:37 AM
Joined: Oct 2001
Posts: 6,216
San Pedro AC Belize
Diane Campbell Offline
Diane Campbell  Offline
Hm.............. three things happen more or less within a few days time - could they be related?

Announcement that oil is discovered in Belize.

British Troops decide to come back to Belize on a more or less "permanent" basis. This time trhe news said the number would be about 4,000. (when they were here before the number was 1,500).

US Four Star General visits Belize - three Black Hawks landed in Caracol plaza yesterday. Where is Speilburg when you need his camera!

Maybe we can ask these soldiers can shut down a few crack houses while they are here?

Re: Oil prospects in Belize #19579
08/11/05 02:08 PM
08/11/05 02:08 PM
Joined: May 2000
Posts: 3,281
Barbara K Offline
Barbara K  Offline
Oh great. Haliburton will be building before you know it! :rolleyes:

Re: Oil prospects in Belize #19580
08/11/05 08:35 PM
08/11/05 08:35 PM
Joined: May 2003
Posts: 36
ScubaSnack Offline
ScubaSnack  Offline
Arrival of British soldiers and American general were in the works long before the oil "Bonanza".

Got anything hot on Crop Circles for us?

Re: Oil prospects in Belize #19581
08/12/05 09:18 AM
08/12/05 09:18 AM
Joined: Apr 2000
Posts: 71
Enterprise, Fl USA
oldgator Offline
oldgator  Offline
"Oh great. Haliburton will be building before you know it!"

Worse than that, Dick Cheney might decide to Vacation in Belize.

The Oldgator's Homepage
Re: Oil prospects in Belize #19582
08/12/05 10:43 AM
08/12/05 10:43 AM
Joined: Nov 2001
Posts: 2,364
well, there goes the neighborhood frown

Re: Oil prospects in Belize #19583
08/15/05 09:49 AM
08/15/05 09:49 AM
Joined: Oct 2001
Posts: 6,216
San Pedro AC Belize
Diane Campbell Offline
Diane Campbell  Offline
Two things for clarification -
Re- timing - This particular oil project has been in the works for a couple of years (in-country).
Re- Cheney - I'm told that Cheney relatives already had a vacation here that turned out horribly.

Re: Oil prospects in Belize #19584
08/20/05 03:39 PM
08/20/05 03:39 PM
Joined: Oct 2003
Posts: 2,461
Belize City
Katie Valk Offline

Katie Valk  Offline
Scuttlebutt is US Southern Command, previously based in Panama and now in Homestead, Florida, will have a huge office at the new US Embassy complex in Belmopan, slated for completion Nov 2006. Former commanders of US Southern command have been presidential candidate Wesley Clark, and drug czar Barry Cafferty.

Belize based travel specialist
[email protected]
Re: Oil prospects in Belize #19585
01/11/06 09:31 AM
01/11/06 09:31 AM
Joined: Nov 2002
Posts: 3,484
San Pedro
Sir Isaac Newton Offline
Sir Isaac Newton  Offline

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:
Re: Oil prospects in Belize #19586
01/11/06 09:39 AM
01/11/06 09:39 AM
Joined: Oct 2005
Posts: 539
Denver, CO
Kristykins Offline
Kristykins  Offline
Diane- Any idea why Cheney's family vacation turned out horrbily?

"If you find a path with no obstacles, it probably doesn't lead anywhere"
Page 1 of 3 1 2 3

Portofino Resort- Now with a new BEACH BAR!!
Click for excellent scuba lessons with Elbert Greer!
Chaa Creek is an award-winning luxury Belize Resort, rated as one of the worlds best Eco Lodges. We are a pioneer in adventure travel to Belize since 1981!
Maruba Beach Klub and Spa is the premiere Secret Beach spa and restaurant located on the crystal blue waters of the Caribbean Sea at the center of Secret Beach, Belize
First Class Accommodations for the Budget Traveler
First Class Accommodations for the Budget Traveler

Things to do

Daily News
Daily Weather

Classified Ads
San Pedro Sun
Ambergris Today
SP Town Council
Channel 7
Channel 5
Love FM
The Reporter
TV Newscasts
Radio Stations

Click for our
Search thousands of Belizean-only websites

Event Guides
Event Calendar
Specials & Events
Things to Do
iTravel Belize
Paradise Theater
San Pedro Fun Finder
Paradise Guy Event Calendar
Cayo Event Calendar

San Pedro Scoop!
Tia Chocolate
My Beautiful Belize
I-Travel Belize
Belize Adventure
Belize Hub
Romantic Travel
Belize Happy Adventures
Conch Creative
Caribbean Culture & Lifestyle
More Blogs...
Search thousands of Belizean-only websites
White Sands Dive Shop - 5 Star PADI Dive Facility - Daily diving, SCUBA instruction and Snorkeling
Caribbean Inspired All Natural Condiments & Spice Blends, Over 100 are Gluten Free!
We manage a variety of homes, apartments, condos and commercial properties here on Ambergris Caye. Our minimum lease on ALL properties is six months.
Click for Ian Anderson's Caves Branch, Welcome to a World of Adventure
Lil Alphonse has snorkel equipment to fit anyone as well as Marine Park Tickets and flotation devices to assist those not as experienced.
Coastal Xpress offers a daily scheduled ferry run to most resorts, restaurants and private piers on the island of Anbergris Caye. We also offer  private and charter water taxi service.
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31
Cayo Espanto
Click for Cayo Espanto, and have your own private island
More Links
Click for exciting and adventurous tours of Belize with Katie Valk!
ShoutChat Box
Who's Online Now
0 registered members (), 186 guests, and 0 spiders.
Key: Admin, Global Mod, Mod
Forum Statistics
Most Online4,377
Dec 15th, 2020 HELP! Visitor Center Goods & Services San Pedro Town Message Board Lodging Diving Fishing Things to Do History Maps Phonebook Belize Business Directory Picture of the Day

The opinions and views expressed on this board are the subjective opinions of Ambergris Caye Message Board members
and not of the Ambergris Caye Message Board its affiliates, or its employees.

Powered by UBB.threads™ PHP Forum Software 7.7.1