{"id":59,"date":"2006-01-31T13:48:00","date_gmt":"2006-01-31T12:48:00","guid":{"rendered":"http:\/\/www.blueventures.org\/blog\/?p=59"},"modified":"2006-01-31T13:48:00","modified_gmt":"2006-01-31T12:48:00","slug":"theyve-found-oil","status":"publish","type":"post","link":"https:\/\/blog.blueventures.org\/en\/theyve-found-oil\/","title":{"rendered":"They&#8217;ve Found Oil!"},"content":{"rendered":"<p> Madagascar\u2019s oil potential has lead to hopes for development following the opening of an ExxonMobil operation on Friday.  It is believed that the NW coast could have as much as 7-10 billion barrels of oil.  Drilling for this source has been proposed to be as early as 2007, which would see the development of the 1st deep water well off Madagascar. <\/p>\n<p>All of this does mean the poverty stricken island of Madagascar, with \u00be of it\u2019s population of 17 million living on under $1\/day, will face tough challenges to avoid succumbing to the pressure that other African oil nations are currently experiencing.<\/p>\n<p>For more information check out this <a href=\"http:\/\/www.planetark.com\/dailynewsstory.cfm\/newsid\/34761\/story.htm\">website <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Madagascar\u2019s oil potential has lead to hopes for development following the opening of an ExxonMobil operation on Friday. It is believed that the NW coast could have as much as 7-10 billion barrels of oil. Drilling for this source has [&hellip;]<\/p>\n","protected":false},"author":73,"featured_media":28415,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-59","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>They&#039;ve Found Oil! - Blue Ventures - Beyond Conservation blog<\/title>\n<meta name=\"description\" content=\"Madagascar\u2019s oil potential has lead to hopes for development following the opening of an ExxonMobil operation on Friday. It is believed that the NW coast\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.blueventures.org\/en\/theyve-found-oil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"They&#039;ve Found Oil! - Blue Ventures - Beyond Conservation blog\" \/>\n<meta property=\"og:description\" content=\"Madagascar\u2019s oil potential has lead to hopes for development following the opening of an ExxonMobil operation on Friday. 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