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Guyana Is the Most Exciting Story in the World Oil Market
Odd Lots
Exxon and Guiana Exploration - How Does It Work?
Exxon is the major oil company in Guiana. Exxon pays a 2% royalty and 50% of profits after recouping their investment. The government doesn't really have to put up much upfront, it's taking on the risk. Is there some thought within the government there to just set up a state owned oil company?
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Listen to the best highlights from the podcasts you love and dive into the full episode