Samafal Posted January 5, 2012 If oil is found in any were in Somalia, the priority should be the locals who live in those areas in terms of getting the benefit from oil revenues otherwise the oil will be a curse rather a blessing. But knowing my people and their greediness, I'm afraid it will be the former rather than the latter. All the best though. Quote Share this post Link to post Share on other sites
Beer-Gaal Posted January 5, 2012 Say that to Imam Faroole and you will be jailed forever!. Quote Share this post Link to post Share on other sites
Somalia Posted January 5, 2012 The clan system in Puntland is a blessing in this regard, each man needs his share, that's just the game. You people should worry about the South getting its cut distributed fairly Quote Share this post Link to post Share on other sites
Samafal Posted January 5, 2012 Faroole might have already thought about that, we don't know. Somalia we all want to be it a blessing, no one wants to be like Nigeria or Congo rather Emirates modal. Quote Share this post Link to post Share on other sites
gooni Posted January 5, 2012 If you making survey you should check the sand first This analysis politics from the west is different than camel rider tribe resource sharing Hadii alle soo sahlo Could they fallow 4.5 and share qabri dahare to ceel biriq? Could they fallow Somali weyn and remove the 4.5? Could they ignore all and use dollar paper in the restroom? Quote Share this post Link to post Share on other sites
Sensei Posted January 5, 2012 Samafal maybe on to something here: Hope this oil thing does not turn ppl against each other. Quote Share this post Link to post Share on other sites
kajdes Posted January 11, 2012 Looks like drilling is very very close according to this response to the Australian Stock Exchange from Red Emperor today: 11 January 2012 Attention: Shreeshant Prabhakaran ASX Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000 By E‐Lodgement Response to Price Query I refer to your letter dated 11 January 2012 in relation to the recent change in price of the Company’s securities and respond as follows in line with the number of your letter. 1. The Company is not aware of any information concerning it that has not been announced and which, if known, could be an explanation for recent trading in the securities of the Company. 2. Not applicable. 3. As has been disclosed to the market on a regular basis, Red Emperor is earning a 20% interest in two highly prospective oil & gas blocks in Puntland, Somalia. The first exploration well to be drilled as part of a two well program is due to spud shortly. This landmark well will be the first to be drilled in Puntland in over 20 years and is targeting an enormous potential oil in place of close to 1 billion barrels. While drilling has not yet commenced, it is drawing very close and a comprehensive update will be released upon spudding. 4. The Company confirms that it is in compliance with the ASX Listing Rules. For and on behalf of the Board Greg Bandy Executive Director Quote Share this post Link to post Share on other sites
uchi Posted January 12, 2012 StockMarketWire.com - Oil explorer Red Emperor Resources (LON:RMP) says it sees no specific reason for the reason for the movement in its share price but does indicate that drilling on its 'landmark' well in Puntland, Somalia is 'drawing close'. In a statement the Company said: 'We are not aware of any information concerning it that has not been announced and which, if known, could be an explanation for recent trading in the securities of the Company. As has been disclosed to the market on a regular basis, Red Emperor is earning a 20% interest in two highly prospective oil & gas blocks in Puntland, Somalia. 'The first exploration well to be drilled as part of a two well program is due to spud shortly. This landmark well will be the first to be drilled in Puntland in over 20 years and is targeting an enormous potential oil in place of close to 1 billion barrels. While drilling has not yet commenced, it is drawing very close and a comprehensive update will be released upon spudding.' At 12:31pm: (LON:RMP) share price was +1p at 19p Story provided by StockMarketWire.com Quote Share this post Link to post Share on other sites
Beer-Gaal Posted January 12, 2012 Liban Muse Boqor was the man in charge of the whole affair for puntland (at least i thought) now claims to be an advisor to Range Resources. something is fishy miyaa ? mase there was a change of guard and Faroole himself is the man. Quote Share this post Link to post Share on other sites
Gheelle.T Posted January 12, 2012 Beer Gaal, as far as I know, Liban was always the middleman between the PL's admin and Range. In Adde's tenure, Aloore was in charge of affair on the PL side. Adiga meesha joogtee, wax la qodaayo ma aragtay? Quote Share this post Link to post Share on other sites
Timur Posted January 22, 2012 Xaaji Xunjuf;767884 wrote: ^^ No pictures mean it didn't happen I just wanted to bump this topic and laugh at the silly secessionists. I wonder how many of them are taking pills for depression right now... Quote Share this post Link to post Share on other sites
Che -Guevara Posted January 22, 2012 ^You revive it just to do that-boy you hold grudges. Quote Share this post Link to post Share on other sites
Somalia Posted January 22, 2012 Timur;778030 wrote: I just wanted to bump this topic and laugh at the silly secessionists. I wonder how many of them are taking pills for depression right now... lol Quote Share this post Link to post Share on other sites
