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Foley Hoag partner Paul Reichler wss celebrating in Georgetown last week — Georgetown, Guyana, that is. He represented the South American nation in a maritime boundary dispute between Guyana and neighboring state Suriname over a potentially oil-rich chunk of the Atlantic Ocean. The United Nations’ Law of the Sea Arbitral Tribunal decided in favor of Reichler’s client Sept. 17, giving the nation sovereignty over nearly 13,000 square miles off its coast. The dispute began in 2000, when Guyana licensed CGX Energy to drill for oil offshore. Shortly after, the rig was evacuated by a Suriname Navy gunboat. The U.N. tribunal also awarded Suriname 6,900 square miles of ocean, but it found that CGX had indeed been operating in Guyana’s territory. Reichler, who has represented Guyana since 1992, says CGX plans to set up a rig again as soon as possible. “The mood here is one of jubilation. .�.�. It’s something the entire country has been waiting for,” he said during a call from Guyana.
Marisa McQuilken can be contacted at [email protected].

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