Latest Discovery To Significantly Push Up Oil Output

BMI View: Treaty's discovery certainly presents strong upside risks to Belize's oil output, which could rise to 5,000b/d thanks to San Juan-2, and possibly more should further recoverable oil be located at Stann Creek. On its own, however, it is unlikely to trigger significant new exploratory interest in Central America's oil sector, whose downstream prospects have tended to attract more investment in recent

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