Friday, March 19, 2010

WASHINGTON PATRIOT RELEASES CONTINUATION OF 1ST ISSUE OF 2010: REVIEW OF THIBAW

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We have spent the last several months meeting with oil companies and NGO’s to determine the outlook for oil exploration in Thibaw. Wordsworth energy has gained a lot of attention recently because of its plans for exploration in Block 45. While several environmental groups such as Verdant Future and Friends of the Dwarf Tapir have expressed concern over Wordsworth’s ethical and environmental practices, Wordsworth has explained their plans for environmentally sound exploration. In response to a ground water contamination incident a few months back, Wordsworth worked with the local people to promote improved healthcare and their efforts were well received. The company has cleaned up the water and now has stringent HSE restrictions in place to prevent future leakages. In an effort to continue their development of Block 45, Wordsworth is working with several environmental organizations to come up with a way to move forward without harming the endangered dwarf tapir. One possibility is to create a preserve where these creatures will be able to live and reproduce in hopes of growing the population back to sustainable numbers. Wordsworth continues to stress its commitment to ethical standards.

Shiloh Oil, the American independent oil company, has made clear that it has no plans to leave Thibaw. In fact, the company has stated that it is actively pursuing options for economic development
within the country through an interest in natural gas reserves, which it would sell to the Western United States market. This is good news for the Thibawan people, who support Shiloh’s presence in the country.

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