7 News Belize

PM Discouraged About Once “Encouraging” Oil Show
posted (June 12, 2013)
And, finally, the PM spoke about what was once called "an encouraging oil show in northern Belize". Well those hopeful words went out over two months ago – and it's not so encouraging anymore. The PM explained:..

Hon. Dean Barrow - Prime Minister of Belize
"That's not going as well as we would have hoped. They are having great difficulty getting the oil to flow in a way that would confirm or help them to confirm of the volume is there - that's in respect to the well that has already been dug. They are now drilling a second well and they are going to do a directional drilling, instead of straight vertical well - this will be a kind of horizontal well, almost and they are hoping that that would help to solve the problem."

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