Tag Archives: Ratio Energy Limited and Ratio Guyana

GUYANA: OIL: Who are the real owners of the Canje and Kaieteur Oil Blocks?

The nation must know:

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We welcome United States Secretary of State, Michael Pompeo, to Guyana. We thank him for his role in ensuring that the democratic will of the people was respected in relation to the elections of 2nd March, 2020.

America stands for democracy and America stood by Guyana during the attempt to steal the elections and revert Guyana to a state of political dictatorship. For this, we are grateful!

America also stands for transparency and accountability in government. American companies should not be doing business in a country where deals are being kept secret. American companies should not be involved in investing in oil blocks, the owners of which are concealed from the public.

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Guyana: Oil Blocks awarded to four companies with no financial wherewithal

PPP Government: Canje, Kaieteur Blocks awarded to four companies with no financial wherewithal for exploration

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– Audited Finance statements and records of beneficial owners not submitted for EITI Report

When a government wants oil companies to explore the potential of a country’s resources, they court firms that have a track record of finding oil and gas.   But that has not been the case here.

Days before the 2015 General and Regional Elections, former President, Donald Ramotar acted in a manner that was contrary to this international best practice.

Ramotar signed away the Canje and Kaieteur Blocks, which total over 4.8 million acres, to four companies which have no track record of exploring for oil prior to 2015.        Continue reading