In its simplest form, Venezuela is maintaining that the entire Essequibo, which is a geographic area that represents almost two thirds of Guyanaβs land mass, belongs to them.
On the other hand, Guyana has been relying heavily on an 1899 Paris arbitration ruling which confirmed that the Essequibo region belongs to Georgetown.
However, this ruling has never found favour with the Venezuelans, who continued to mount challenges and claims that tipped the scale again in 1966 when Guyana was granted independence from Britain.
As such, there have always been repeated tit-for-tats over the Essequibo, with silent fears that at some point Caracas may lose its patience and make an attempt to take the mineral rich region by force.
http://m.theepochtimes.com/n3/...n-military-invasion/