Introduction
Today’s column begins with a summary overview of the current state of affairs in regard to the proposed public oil block options in Guyana postponed from an initial mid-April due date to a new one, mid- July and them to September 12. This is followed with brief indications of the presumed advantages, which public auctions as a market instrument in general and specifically for oil rights can offer to Guyana. Subsequent to this I draw to the public’s notice studies that evaluate the worth of oil rights options
