Chaves: challenges Guyana's deepwater oil search

Home | News | Hold a Minute: Venezuela challenges Guyana's deepwater oil search Hold a Minute: Venezuela challenges Guyana's deepwater oil search

CARACAS, Venezuela, Jun 6, CMC – Supporters of Venezuela’s bid to exploit oil in Guyana’s disputed offshore region have urged Caracas to challenge Georgetown’s plans to begin deepwater drilling for oil in a block awarded to multinational oil companies a dozen years ago.
[font="]But the Hugo Chavez administration has so far remained mum on the issue that has generated headlines here.[/font]
[font="]A prominent geologist, Aníbal Martínez, with the Venezuelan Petroleum Defence Front – a pro-nationalist non-governmental organisation that analyses oil geopolitics in the region - described as a “hostile act” the preparations by Exxon and Shell to test drill for oil in the Stabroek block on Guyana’s Atlantic front, the conservative daily El Universal reported here.[/font]
[font="]Martinez claimed that the concession amounts to 60 per cent of Venezuela’s Atlantic front and occupies both the offshore portion of the disputed area and an area off Venezuela's Atlantic front, Delta Amacuro, the paper said.[/font]
[font="]Formed in the 1970s to defend Venezuela’s oil exports under US hemispheric quotas, the Venezuelan Petroleum Defence Front describes itself as an analyst of “the continued aggressions against Venezuela by Eastern Caribbean states and Guyana”.[/font]
[font="](Full story in Business section)[/font]

Hugo is no idiot.  Exxon and Shell have Obambi (and his military) in their back pockets.  If Hugo even bats an eyelid on this project he will go the way of Mubarack and Gaddafi.

Bama doesn't have to get involved

the GDF is capable of taking anything Chaves throw at them

GDF is on High Alert :

something based on USA Homeland security ....Colours ! 

Hugo looking to make noise before he kick the bucket!  ::rofl::