Belize Natural Energy Limited (BNE) was founded on the vision that oil and gas would positively transform Belize. Since the first commercial oil discovery, BNE has established itself as a Belizean company with world-class standards.

About BNE

Belize Natural Energy Limited (BNE) was founded on the vision that oil and gas would positively transform Belize.  Since the first commercial oil discovery, BNE has established itself as a Belizean company with world-class standards.

In 2003, BNE signed a production sharing agreement with the Government of Belize and in 2005 oil was discovered at Mike Usher No.1 well in the Mennonite agricultural community of Spanish Lookout in Western Belize. Since the 1950’s, several major oil companies had unsuccessfully explored for commercial oil and gas in Belize, thus at the time of discovery there was no existing oil industry infrastructure in the country. BNE took to the task of developing all requisite infrastructure to produce and market Belize Light Crude.

In 2009, BNE discovered the Never Delay Field (ND), in an area known as Never Delay to the Northeast of Belmopan. Work to optimize the production from ND continues.

Currently BNE produces approximately 2,000 barrels of crude oil per day, 1,800 gallons of Liquefied Petroleum Gas (LPG), and 160 thousand cubic feet per day (MCF/D) of fuel gas for electricity generation (internal use).

In nine years BNE has:

  • Discovered and developed Belize’s only two commercial oil fields.
  • Developed ancillary and related oil and gas infrastructure.
  • Drilled over 62 wells.
  • Produced 10 million barrels (bbl) of crude oil.
  • Shipped 153 cargoes of Belize Light Crude Oil and Never Delay Crude Oil to international markets.
  • Sold 10% of crude production to local industries thereby lowering local production costs.
  • Contributed in excess of USD 240 million in Government Revenues.
  • Trained company and government employees in oil and gas operations.


Belize Natural Energy signed Production Sharing Agreement (PSA) with the Government of Belize.

Belize Natural Energy formally announced commencement of drilling operations.

BNE Strikes Oil!
February 2006
Petroleum Advisory Board Appointed by the Government of Belize

March 2006
Minister John Briceño announced the discovery of Belizean oil in commercial quantities at the Sitting of the House of Representatives.

September 2006
Dr. Gilbert H. Canton appointed as C.E.O. of Belize Natural Energy
February 2007
Social and Environmental Management System (SEMS) formalized

April 2007
Gathering Pipeline system & Iguana Creek Central Gathering Facility completed

November 2007
BNE headquarters relocated from Belmopan to the Central Gathering Facility at Iguana Creek.
March 2008
New ship contracted to accommodate increased production.

September 2008
Crude oil sales accounted for almost 60% of Belize’s export earnings (Statistical Institute of Belize)

November 2008
Monitoring of tanker trucks via satellite tracking system commenced
February 2009
Construction of the Liquified Petroleum Gas (LPG) Processing Plant completed

March 2009
BNE Charitable Trust Inaugurated.

May 2009
Second rig contracted for accelerated exploration program.

Belizean Liquefied Petroleum Gas (LPG) produced and sold.

First of 4 BNE LPG franchises opened for business.

BNE commenced importation of diesel from the US Gulf Coast and sold at lowest local price.

The Spanish Lookout Oil Field production peaked at 5,000+ barrels per day of Belize Light Crude

BNE utilized fuel gas from the Spanish Lookout Field to produce electricity for internal use.

November 2009
BNE declared an oil discovery at Never Delay No.1
BNE was awarded Employer of the Year by the Belize Chamber of Commerce and Industry
BNE was recognized as Green Company of the Year by the University of Belize
June 2013
BNE won the Global Get Energy Award for excellence in training

September 2013
BNE sourced LPG from Mexico to blend with BNE to augment local production
January 2014
BNE launches new Vision and Mission statements

June 2014
BNE introduced new logo
January 2015
10 million barrels of crude oil produced

Board of Directors

Susan Morrice         

susan1Grounded by her love of nature, Susan lives to create positive change in the world. As an experienced geologist, explorer, and dealmaker, Susan is renowned for her down-to-earth approach. She has a passion for the protection of our precious environment and a commitment to uncovering the true potential of everyone with whom she meets and works.

Susan, together with Mike Usher, established Belize Natural Energy (BNE) in 2002. BNE is founded on their shared vision that Belize had oil in sufficient quantities to positively transform Belize. In 2005 on drilling the very first exploratory well, BNE unlocked commercial oil reserves. Susan attributes this extraordinary success to the application of mind technology which she uncovered and wholly embraced on attending an Educo Seminar in 2002.

Susan has encouraged and supported the management and staff of BNE to attend Educo Seminars and learn about the Educo Model ( With one mind, we can transform our lives and the world.

Belize Natural Energy (BNE) has grown in this original vision and today is a global industry leader – an amazing success story when you consider that there was no E&P oil and gas infrastructure or skilled labour in Belize in 2005. Now BNE is poised to grow its business model to become the regional energy solution mining the human potential.

Watch: Opportunity Coalition Presentation


Josh Stewart            

joshJosh Stewart, Founder and President of XJet LLC (XJet), comes from Belfast in Northern Ireland.

The XJet journey began in 2004 with a dream and a whole lot of passion for everything aviation.  XJet grew from a dream to opening its doors in 2007, with a groundbreaking business model, to being named #1 in The America’s in 2012. XJet is committed to taking its ground breaking business model around the world and redefining the private aviation landscape. Josh has made Xjet into a prime example of the Educo Model in action.

‘I remember clearly the turning point in my life’, Josh says. ‘It was the moment I imprinted my clear, invincible vision of my outcome on my mind’. Josh attributes this life changing moment to when he attended an Educo Seminar in the Bahamas.

Josh became a member of the Board of Directors of Belize Natural Energy Ltd. (BNE) and International Natural Energy (INE) with the goal of helping BNE and Belize reach their full potential.

Mr. Stewart was awarded Colorado Biz Magazine’s GENxyz Top 5 Influential Young Professionals and is active in many charitable and other organizations focused on better education and opportunities for youth and young adults.

Watch: Opportunity Coalition Presentation

mspatty1Patricia Usher          

Patricia Usher was born and raised in Belize City, Belize and is the wife of BNE co-founder Michael Usher.

Early in her career Patty worked in seismic operations in several parts of the United States.

As the Belizean on the Board, Patty takes special pride in the accomplishments and future of BNE.