Quote:
Originally Posted by Fuzz
No US corporation has "land" in the oil and gas sense there. It was all repatriated or expired. There is no legal justification for them to just go in and start extracting. So it will be who the US can convince, at it will only involve international companies if Trump feels the need to diversify to have some leverage later.
And ya, it will take years before a significant amount(enough to displace Alberta) starts to get exported.
|
I know. Its hust usually way handier if you have geo staff who is familiar. Its just a huge undertaking for a new group to go into a country in south america not familiar with geology, regulatory, land, supply chains, egress for product, etc. i get anxiety thinkimg about it, so existing companies make sense for obvious reasons.