Keith Hill, Africa Oil's President and Chief Executive Officer, commented: "We are very pleased to have signed a drilling rig contract and to have procured the required services to allow us to commence drilling operations in Puntland. With support from the local communities and Puntland Government, we are eager to drill the first exploration wells in Puntland in over 20 years, aimed at unlocking the resource potential of the area."

"Mobilization of required personnel and equipment is planned to allow for spud of the Shabeel-1 well during the fourth quarter of this year" If that is you Apply.

Africa Oil Clinches Rig for Puntland Program Africa Oil Corp.|Thursday, August 18, 2011 Africa Oil provided an update on drilling operations related to the two-well exploration program in the Dharoor Valley Block, located in Puntland (Somalia). Drilling locations have been selected over two robust prospects targeting gross best estimated prospective resources of over 300 million barrels each, based on internal estimates. A contract has been awarded to Sakson Drilling and Oil Services who will provide a 1,500 horse-power, top drive equipped rig. The majority of the drilling-related third party service contracts have been entered into and all outstanding service contracts are expected to be completed before the end of August. The Company is actively engaged in sourcing drilling related materials and early stage logistics including drill site and ingress route construction. A contract has been signed with a water well drilling company and water well drilling will commence in early September. Mobilization of required personnel and equipment is planned to allow for spud of the Shabeel-1 well during the fourth quarter of this year. The Puntland Government and Dharoor Valley communities are fully supportive of the drilling project and have ensured they will do all that they can to allow the project to move forward safely and expeditiously. Please refer to the Company's press release dated August 11, 2011, detailing a proposed transaction whereby the Company will transfer its interests in the Puntland production sharing contracts to Denovo. Assuming completion of the transaction and related financing, it is anticipated the Company will own approximately 50% of Denovo. A private placement of CAD$40.9 million has been closed by Denovo subject to final TSX Venture Exchange approval of the transaction which will allow the new combined company to fully fund the upcoming two well program. Keith Hill, Africa Oil's President and Chief Executive Officer, commented, "We are very pleased to have signed a drilling rig contract and to have procured the required services to allow us to commence drilling operations in Puntland. With support from the local communities and Puntland Government, we are eager to drill the first exploration wells in Puntland in over 20 years, aimed at unlocking the resource potential of the area."

Duke it's at a crucial and last stage now with the rig in place the OIL will be flowing inshaallaah. This announcement late last night by Africa Oil is indeed a game changer, the exploration has been done, all the assessment and contract's signed. What was missing was the Equipment now Sakson Drilling and Oil Services will provide these equipment. Expect to be arriving it soon inshaallah, then there will be only one thing left the actual drilling and then hopefully the Huge Oil Reserves we have been so eagerly anticipating for so long. Drill Sakson Drill oh Yes.

Ayoub Inshaallah I will update all of you to the progress of Shabeel-1 and it's expected estimates in Oct/Nov this Year.

With the drilling now there will be work available for many people whether they live in the Dharoor community, Puntland, Somalia or rest of the World.Many people will find work and riches and the diaspora is likely to profit from it, if their expertise lie within the Oil sector or related ones. I certainly would up-date my CV.

With the signing of the drilling contract by Africa Oil the foundations have been laid for the drilling of the first prospective oil producing well to be spud at the start of the fourth quarter of this year in October. The first well to be drilled will be Shabeel-1 that has significant Oil reserves as projected by the Seismic Survey done in the Exploration phase. What will happen now is that after signing the drilling contract Sakson Drilling and Oil Services will provide and bring a 1,500 horsepower rig to Puntland in order to commence the drilling for Africa Oil under it's newly formed Horn Petroleum Company and Partners such as Range and Red Emperor Resources. The drilling and spud of the first oil well will take place in the Dharoor Valley in the autonomous region of Puntland in Somalia.

Africa Oil says secures rig for Puntland drilling Thu Aug 18, 2011 1:07pm GMT NAIROBI (Reuters) - Canadian oil and gas explorer Africa Oil Corp has signed a contract for a drilling rig for two exploration wells it plans to sink in Africa's Puntland with it partners. Earlier in the year, Africa Oil said it planned to drill up to eight exploratory wells in blocks it holds interests in across east Africa, two of which will be in the semi-autonomous Puntland region in Somalia. "We are very pleased to have signed a drilling rig contract and to have procured the required services to allow us to commence drilling operations in Puntland," Keith Hill, Africa Oil president and chief executive, said in a statement late on Wednesday. The company said it had awarded a contract to Sakson Drilling and Oil Services for a 1,500 horsepower rig. The two wells will be drilled in the Dharoor Valley Block, in which it has a partnership with Range Resources and Red Emperor to drill on areas targeting gross best estimated prospective resources of over 300 million barrels each, Africa oil said. "The majority of the drilling-related third party service contracts have now been entered into ... which is expected to allow for the spudding of the first well during the fourth quarter of this year," Range Resources said in a separate statement. Gas discoveries in Tanzania, and significant proven oil reserves along the border between Uganda and Congo have encouraged interest in the region, which had been largely overlooked.

Every Somali bring his/her: Everybody will get his share of the OIL.

Good questions Dabrow, for the shares you could look onto the websites of the companies involved firstly Horn Africa Petroleum Corporation Africa Oil&Denovo who are in charge of the drilling. You can also look into Range Resources and Red Emperor who are mainly involved in the financial aspect and gathering of capital needed for the project. What will Somalis get out of it? A great many, the biggest will be the strenghting of Peace and Development in Somalia's leading and pioneering State of Puntland which will also have an impact to the south and west of the country. A game changer of our country. The International Community foremost western countries will find their engagement and voice for Somalia again. There will be a forced peace in south Somalia and returned Interest for the whole country of Somalia. There will also be some crazed individuals supported by pariah countries and mad men who will try to keep the status quo by trying to destabilize the State of Puntland. The envy and dislike for certain parts/regions of the country will grow even bigger as it is now, but many adversaries will be bought off as no one wants to be left behind or left poor. Puntland will also gain many new friends, well-wishers and some even claiming that their 4th grandfather's mother hailed from Puntland.

Puntland OIL is coming Inshaallaah

Puntland-Somalia Dharoor and Nugaal Valley Blocks The Company and Denovo Capital Corp. ("Denovo") have entered into a letter of intent dated May 11, 2011 for the creation of a new Puntland focused oil exploration company to be named Horn Petroleum Corp. ("Horn Petroleum"). Horn Petroleum will be created as a result of the sale, to Denovo, of the subsidiaries of the Company that hold its oil and gas properties in Puntland Somalia. Certain management and technical services are expected to be provided to Horn Petroleum by the Company under a service contract. On August 2, 2011 Horn Petroleum completed a $40.98 million private placement financing, with assistance from Africa Oil. These proceeds will be used to fund Horn Petroleum's share of costs associated with the drilling of two exploratory wells in the Dharoor Valley Block. Africa Oil subscribed for $10 million of the private placement and will have an approximately 50% interest in Horn Petroleum when the transaction completes. Completion of the acquisition of Africa Oil's interest in Puntland, Somalia by Horn Petroleum remains subject to, amongst other things, TSX Venture Exchange approval. The Company is currently in final preparations to commence the two well drilling campaign in the Dharoor Valley Block, with the first well planned to spud in the fourth quarter of 2011. Drilling locations have been selected over two robust prospects targeting gross best estimated prospective resources of over 300 million barrels each based on internal estimates. Contracts for a drilling rig and third party services are in advanced stages of negotiations with contract execution scheduled for early August. The Puntland Government and Dharoor Valley communities are fully supportive of the drilling project and have ensured they will do all to allow the project to move forward safely and expeditiously. Specific milestone target dates have been adjusted by the Puntland Government allowing the Company and partners to move the drilling start-up to the fourth quarter of 2011. In addition, partial relinquishments in both the Dharoor Valley and Nugaal Valley agreements have been finalized and approved. The Puntland Government has also given its approval for the formation of Horn Petroleum and the impending transaction with the Company.

CNBC through Reuters BRIEF-Red Emperor says will start Puntland drilling in Q4 Published: Thursday, 4 Aug 2011 | LONDON, Aug 4 (Reuters) - Red Emperor Resources NL: * Contracts for a drilling rig and third party services are in advanced stages of negotiations * Drilling of two wells in Puntland to commence in Q4, 2011

RANGE RESOURCES LTD - Puntland Drilling Update Thursday, August 04, 2011 6:11 AM Range Resources Ltd ABN 88 002 522 009 www.rangeresources.com.au 4 August 2011 PUNTLAND DRILLING UPDATE * Puntland Government and Africa Oil Corp. agree to adjust specific milestone target dates. * Contracts for a drilling rig and third party services are in advanced stages of negotiations with contract execution scheduled for early August. * Drilling of two wells now scheduled to occur in Q4, 2011. International oil and gas exploration, development and production company, Range Resources Limited ("Range" or "the Company") is pleased to announce that its Puntland Joint Venture partner and operator, Africa Oil Corp ("Africa Oil"), through its newly created company Horn Petroleum Corp. ("Horn Petroleum") is currently in final preparations to commence the historic and highly prospective two well drilling campaign in the Dharoor Valley Block in Puntland, with the first well scheduled to spud early in the fourth quarter of 2011. The drilling locations have been selected over two robust prospects and each well is targeting gross best estimate prospective resources of 300 million barrels and 375 million barrels recoverable for the two prospects (with net attributable prospective resources to Range of 60 million barrels and 75 million barrels respectively). Contracts for the drilling rig and third party services are in advanced stages of negotiation and are expected to be executed in early August. The Puntland Government and Dharoor Valley communities are fully supportive of the drilling project and have ensured they will do all necessary to allow the project to move forward safely and expeditiously. Specific milestone target dates have been adjusted by the Puntland Government allowing the Company and partners to move the drilling start-up to the fourth quarter of 2011. In addition, partial relinquishments in both the Dharoor Valley and Nugaal Valley agreements have been finalized and approved. Range Resources Executive Director, Peter Landau commented, "We are delighted that JV partner and Puntland operator, Africa Oil Corp., along with the Puntland Government have settled on mutually agreeable terms that will finally see a well(s) drilled in Puntland, Somalia this year.

Duke thank you Brother.

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