I didn't even know it was a competition ...and the winner is....

No problem PA...only timeline is that they must drill one well in each block to satisfy PSA Given how long it took last time to Dharoor they'd have to get cracking soon if they are going to do 3d seismics ...as for Nugaal the targets are drill ready...only political issues holding things up as it is so close to the "disputed" regions Hopefully ALL parties can come to an agreement as there is a s#%# load of oil on the old ConocoPhillips block

http://www.hornpetroleum.com/i/pdf/Horn-Presentation-June2014.pdf well worth a read

Kilimanjaro Announces Somalia Exploration Program BELIZE CITY, BELIZE--(Marketwired - May 27, 2014) - The directors and management of Kilimanjaro Capital (GXG:KCAP)(OTC PINK:KIMJF) are pleased to announce its exploration program for the Company's interest in Somalia where Kilimanjaro Capital currently has a 5% interest in the Amsas-Coriole-Afgoi (ACA) Block of 1,161,400 acres with a prospective oil resource of 21 million barrels and 130 billion standard cubic feet of sales gas (Bscf) according to an independent NI 51-101 Evaluation of Prospective Resources. The 112 page report is available in its entirety online and conservative estimates that the value for Kilimanjaro Capital's share is approximately $187.5 million USD with an overall contractor group net present value of $3.75 billion USD for the entire ACA Block. Kilimanjaro has obtained partners to provide security and logistic solutions for the exploration block. The company has progressed into deep discussions with partners to carry out the drilling operations and is excited about the plans to drill the first test well in 2014. "This is an exciting time in Somalia with majors such as Shell, Conoco-Phillips, Chevron and others are entering one of the last untapped frontier regions. For Kilimanjaro to be a part of the rebuilding effort that is going on in Somalia through the exploration of natural resources is a wonderful opportunity for the company to cement its position in Africa as natural resource leader," says CEO Zulfikar Rashid about the exploration program. The block sits only 30-50 kilometers from Mogadishu in a strategic region in which African Union peacekeepers are operating. Kilimanjaro has recently proposed to the World Bank that a joint development project in the ACA Block along with the Somalia Government which owns 51% of the block could ensure peace and stability in that region. The ACA Block was original drilled by Somal Sinclair Oil in the 1960s and found to be extremely promising. The block was nationalized by the Somali government in the 1970s and drilled in the 1980s with World Bank financing. The Somalia civil war intervened and in the Transitional Somalia government assigned the ACA Block to Amsas Pty. in 2008. Kilimanjaro signed a farm out agreement with Amsas in 2013. In other news the company intends to withdraw its listing from the GXG Markets effective June 11, 2014. The company will continue to trade on the OTC Markets. FORWARD-LOOKING INFORMATION Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "will" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Corporation. The forward-looking information contained in this release is made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein. Kilimanjaro Capital Limited 35 New Road, P.O. Box 198 Belize City, Belize +44 (0) 20 3239 1362 info@kcap.biz www.kcap.biz

Kilimanjaro Moves Forward With Somalia ACA Block-Proven Probable 20 Millions Barrels of Oil: Kilimanjaro is Petitioning World Bank to Continue Funding BELIZE CITY, BELIZE--(Marketwired - Apr 2, 2014) - The directors and management of Kilimanjaro Capital (GXG:KCAP)(OTC PINK:KIMJF) are pleased to provide an update on the Company's interest in Somalia where Kilimanjaro Capital currently has a 5% interest in the Amsas-Coriole-Afgoi (ACA) Block of 1,161,400 acres with a prospective oil resource of 21 million barrels and 130 billion standard cubic feet of sales gas (Bscf) according to an independent NI 51-101 Evaluation of Prospective Resources. The 112 page report is available in its entirety online and conservative estimates that the value for Kilimanjaro Capital's share is approximately $187.5 million USD with an overall contractor group net present value of $3.75 billion USD for the entire ACA Block. The block sits only 30-50 kilometers from Mogadishu in a strategic region in which African Union peacekeepers are operating. Kilimanjaro has recently proposed to the World Bank that a joint development project in the ACA Block along with the Somalia Government which owns 51% of the block could ensure peace and stability in that region. The ACA Block was original drilled by Somal Sinclair Oil in the 1960s and found to be extremely promising. The block was nationalized by the Somali government in the 1970s and drilled in the 1980s with World Bank financing. The Somalia civil war intervened and in the Transitional Somalia government assigned the ACA Block to Amsas Pty. in 2008. Kilimanjaro signed a farm out agreement with Amsas in 2013. Kilimanjaro is requesting the Washington DC based international organization, World Bank; reactivate their position in a new mega project. According to Kilimanjaro's CEO Zulfikar Rashid: "Kilimanjaro Capital believes the development of the ACA Block is vital to not only to the national economy of Somalia but its security. Extremism can only be prevented through economic opportunity." In addition Kilimanjaro is negotiating with a security firm, seismic and drilling companies to carry out the project. Rashid's vision is that the ACA Block can fuel the Somali economy's recovery: "The commercial potential of the ACA Block is not just as an export resource but also as an inexpensive source of natural gas for local industry. Kilimanjaro envisions that a Somalia Free Trade Zone could be built around the presence of this abundant, affordable and clean energy resource. This type of project which equally emphasizes local development and export revenue will be appealing to both the World Bank and Somali government." Kilimanjaro Capital is a Belize company conducting business in Africa in conjunction with its stakeholders and affiliates. The Company is listed on the Danish GXG Exchange and has obtained a secondary listing on the US OTC Markets exchange as a foreign issuer under the ticker symbol KIMJF

in the mean time...the more the merrier http://www.thesundaytimes.co.uk/sto/bus ... 361815.ece AN oil explorer headed by a former leader of the Conservative party has raised $50m (£30m) from a Russian oligarch to look for oil in pirate-infested waters off the coast of Somalia. London-based Soma Oil & Gas will be the first company to look for crude in the country since it disintegrated into a failed state in 1991. The company is chaired by Lord (Michael) Howard, who led the Tories for two years before making way for David Cameron in 2005. Basil Shiblaq, a former investment banker turned oil tycoon, founded the business last year. Soma’s new $50m investment is believed to have come from a vehicle controlled by Alexander Djaparidze, the billionaire founder of London-listed Eurasia Drilling. Soma will use the cash for an ambitious three-month programme to collect geological data over 122,000km2 of seabed.

Hi Mooge, give the president time to settle in as he has a lot on his plate. Horn are keen to get things moving again so hopefully we will hear some thing soon

Somali play set for revival By Barry Morgan - Upstream Oil & Gas 17 January 2014 00:00 GMT FINANCIAL moves are under way that could see exploration return to a Somali play that has not seen the drillbit since the 1960s but is now operated by Australian energy consultant Amsas Consulting. Anticipated capital expenditure on the Amsas Coriole-­Afgoye (ACA) block during 2014 and 2015 is estimated at $20 million for geochemical analysis, 1000 kilometres of 2D line seismic and an additional 600 square kilometres of 3D seismic. That figure should include the cost of drilling and completion on the first Coriole well later this year, with limited production scheduled for 2015, according to an ACA project evaluation report by Calgary-based consultant Chapman Petroleum Engineering. The real challenge lies in what the report, which was prepared for Amsas partner Kilimanjaro Capital, sees as a $545 million commitment from 2024 to drill and tie in producers to a dedicated pipeline. Even a lower cost development estimate is pegged at $280 million. Resource volumes are pegged as at least 23 million barrels of total prospective recoverable oil. Belize-registered Kilimanjaro is scheduled to fund 100% of developing the Coriole-­Afgoye block in return for an assigned 49% participating interest and share of production profits on a sliding scale from 45% to 90% for oil and 60% to 90% for gas. Kilimanjaro will earn an additional 5% non-operating stake in exchange for sourcing finance, further reducing Amsas’ existing 44% working interest, originally assigned under a Somali government farm-out deal. The initial exploration period of the 11-year licence expires at the end of 2014, before which Amsas hopes to negotiate a three-year extension. Regarding the Afgoye gas prospect, Chapman said the most likely total prospective recoverable resource estimate is 157 billion cubic feet. http://kcap.biz/dl/712362-Kilimanjaro_Somalia_51101.pdf

Hi Libaax, Wow that interesting regarding the Aussie connection and plans for 2015... If 2 drills are not done by Oct 2015 then the Jv's forfeit the agreements ...when Nugaal is drilled it will be a discovery as ConocoPhillips previously hit oil but had to pack up in 1993 Still can't believe how gracious Prez Faroke was in defeat...really is a credit to him and PL Look forward to the PL Oil thread ATB my friend

You get more bees with honey than vinegar

M, who are the candidates from Saanag? I thought Faroole originally agreed to hand over power to Ilkjar after his term but perhaps its after his second term if he wins

Wiil Cusub;987198 wrote: Che and burn: different between sl and pl oil exploration is. PL they make already conclusion and they ware talking about billions of barrels, before they make any Seismic data collection. Without seismic operation 2D or 3D how can you talk about nr of barrels. In Somaliland they are talking about exploration and they never said we found oil just watch 1 min this video Wiil Africa oil conducted extensive seismics of the Dharoor prior to drilling....you dont just spend $100 million on exploration by guessing where to drill Depending on the election results in Jan, further seismics will be completed in the Dharoor in2014 now that theyhave identified an active petroleum system ...the targets in the Nugaal are drill ready as ConocoPhillips discovered oil here just prior to the outbreak of the civil war in 1993

Che -Guevara;987194 wrote: lol@Burn Notice Are you saying the oil exploration in Sland is a scam like many senior landers on SOL alleged about Puntland:p Oodweyne Don't spend it all unless we are talking about Kaleeji oil type. Not saying that at all...just saying how hypocritical some posters are and how their opinions change 180 deg when it's their blocks that are being drilled by foreign companies Very amusing...go read the BS being posted during the Puntland drilling campaign ...people were screaming blue murder Suddenly oil exploration is going to be the panacea for all of SL's ills Do your homework...the oil is in the Nugaal block so who ever drills there will be the big winner Good luck to Genel..the more companies drilling the merrier

Oodweyne;987117 wrote: Wiil Cusub (New Boy), Thanks for this post, it really is deeply revealing about the extend others would go to stop Somaliland's reaching her goal of producing her God-given wealth to benefit her citizens. Furthermore, like the tenous realationship between Kurdistan and Baghdad, we will continue to hear all maner of daily scream and endless bluster from Mugadishu's governmental outfit, but so long as we control our land by our force, then, we will continue to develop our oil, regardless. And, of course, to have some one like Mr Tony Hayward, who is not afraid of some tin-pot little government that is on life-support, such as the one that screams daily for attention from Mogadishu, also helps tremendously in here. All in all, I say drill away, baby, and when we find the "black-gold", then we will settle acount with all comers, particularly with the "big-powers" in the West, who wouldn't want, presumably, to leave Somaliland's oil in that eventual time, to the likes of the Chinese of this world. Lmao...will we also hear how oil exploration is a curse like you raved on about when Puntland drilled for oil? ...and then you wonder why no one takes you seriously Good luck finding oil ...doubt you will have any success but as always time will tell

Oodweyne;987117 wrote: Wiil Cusub (New Boy), Thanks for this post, it really is deeply revealing about the extend others would go to stop Somaliland's reaching her goal of producing her God-given wealth to benefit her citizens. Furthermore, like the tenous realationship between Kurdistan and Baghdad, we will continue to hear all maner of daily scream and endless bluster from Mugadishu's governmental outfit, but so long as we control our land by our force, then, we will continue to develop our oil, regardless. And, of course, to have some one like Mr Tony Hayward, who is not afraid of some tin-pot little government that is on life-support, such as the one that screams daily for attention from Mogadishu, also helps tremendously in here. All in all, I say drill away, baby, and when we find the "black-gold", then we will settle acount with all comers, particularly with the "big-powers" in the West, who wouldn't want, presumably, to leave Somaliland's oil in that eventual time, to the likes of the Chinese of this world. Lmao...will we also hear how oil exploration is a curse like you raved on about when Puntland drilled for oil? ...and then you wonder why no one takes you seriously Good luck finding oil ...doubt you will have any success but as always time will tell