Could Guyana End Up Among The World’s Major Oil Producers?
poised to be very rich
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Guyana
2017-01-16 13:41:39
2017-01-16 14:23:37
would be able to export nearly all of the oil that it will begin producing, probably starting around 2020.
That's just around the corner
Early rough estimates by experts of how much recoverable oil Guyana could have range to more than four billion barrels, which at today’s prices would be worth more than $200 billion.
How much is that? Would we be able to buy out a few Dots?
2017-01-16 14:33:51
In reply to Kay
Guyana getting a small percentage of that. 
2017-01-16 14:34:44
In reply to Kay
Granger sold it all for some magic beans.
2017-01-16 16:13:14
In reply to trev114
Could Granger End Up Among The World’s Major Oil Producers?
yup, sounds about right! 
2017-01-16 23:00:19
In reply to Runs
The deal is 50/50, after the exxon subtract their exploration costs. Seems bad to me though, i cant imagine any foreign company profiting 50% from us natural resources.
2017-01-16 23:12:31
In reply to steveo
The deal is 50/50, after the exxon subtract their exploration costs. Seems bad to me though, i cant imagine any foreign company profiting 50% from us natural resources.
It doesn't seem fair but, until these poor countries can find ways of developing their own oil industries, it's going to stay that way.
2017-01-17 05:19:49
In reply to black
So TT stop teefin allyuh oil now,I used to hear that quite a lot by Guyanese frens.
2017-01-17 10:58:34
In reply to black
How will they develop without the funds?
2017-01-17 21:08:57
In reply to steveo
Guyana’s foreign partners stand to earn 60 to 65 percent of profits, he said, a far larger share than what more established nations are willing to offer investors.
2017-01-17 21:59:34
In reply to Runs
Guyana’s foreign partners stand to earn 60 to 65 percent of profits, he said, a far larger share than what more established nations are willing to offer investors.
Source?
2017-01-18 12:01:31
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Tillerson/ Venezuela and Guyana from WP 1/16/17
2017-01-18 12:25:09
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More on Tillerson/Exxon and Guyana
2017-01-18 12:39:17
Two things caught my eye from those articles which makes me very nervous, "Frontier Location," and "Resource Curse."
Not good.
2017-01-18 12:59:33
In reply to Runs
Man even if Guyana get 20% of the $200B dem should line up all the Gods and thank them individually
2017-01-18 13:02:29
In reply to Kay
Sure they will not have political fallout like the last govt with the Chinese and timber
2017-01-18 23:01:37
In reply to Runs
Granger was sponsored by exxon mobil??
Interesting
2017-01-20 10:16:59
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