LGO has more than 10,000 acres of land in Cedros Peninsula and drilling is expected to start in 2016. This is the 800 lb gorilla in the room and likely to be the catalyst which will make LGO a major player in the Trinidad.
Thursday, April 23, 2015
WHY THE CEDROS PENINSULA IS SUCH A BIG DEAL TO LGO
If you look at the picture below, the Cedros Peninsula lies smack in the middle of the Venezuela Basin, site of one of the world's largest petroleum deposits. The Cedros Peninsula is located in the South West of Trinidad Island, which is the elongated tip of land seen on the map
LGO has more than 10,000 acres of land in Cedros Peninsula and drilling is expected to start in 2016. This is the 800 lb gorilla in the room and likely to be the catalyst which will make LGO a major player in the Trinidad.
LGO has more than 10,000 acres of land in Cedros Peninsula and drilling is expected to start in 2016. This is the 800 lb gorilla in the room and likely to be the catalyst which will make LGO a major player in the Trinidad.
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