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Estimated 71 Billion Barrels...
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Bigcheese
#21 Posted : Friday, September 16, 2011 2:14:22 PM
Rank: Member

Joined: 11/25/2006
Posts: 14
hisah wrote:
chemos wrote:
hisah wrote:
@chemos - KK is not on this boat...

But from where I am (far away from KE) there is a rumour that most of the oil firms are busy running around building storage facilities in EA. Yet to establish which countries they're going to build the storages. But that should confirm that 'the liquid gold' is in EA and in plenty. There is no way the Lamu port is just an idea out of the blues... An Abu Dhabi is in the making here...

Follow the money smile


Hisah
which company is this he is referring to thats scoooped all that land?


That is classified at the moment. But it trades in US...

believe the co. is the African Oil Corp - part of the Lundin Group of Companies.
the company holds six blocks in Kenya: Blocks 9, 10A, 10BB, 10BA, 12A and 13T which are roughly the size Christian was talking about in the presentation -also stock price is hoovering at about $1.45.
Now who will do something about it?
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hisah
#22 Posted : Friday, September 16, 2011 5:11:24 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
Hisah-re the oil stock, if you use email, lets chat...


http://www.wazua.co.ke/f...amp;m=217980#post217980
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Mainat
#23 Posted : Friday, September 16, 2011 5:25:33 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Hisah-wasn't about that specifically...
Sehemu ndio nyumba
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mv_ufanisi
#24 Posted : Friday, September 16, 2011 5:54:54 PM
Rank: Member

Joined: 1/15/2010
Posts: 625
A big celebration for oil - beware we become the next Nigeria or Angola. Kenyan politicians are dirty and will do everything to mess everything up. It's a scary thought.
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hisah
#25 Posted : Saturday, September 17, 2011 8:19:53 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
Hisah-wasn't about that specifically...

mgeni18@gmail.com
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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tony stark
#26 Posted : Tuesday, September 27, 2011 9:09:51 PM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
hisah wrote:
Mainat wrote:
Hisah-wasn't about that specifically...

mgeni18@gmail.com

Well Hisah ..... Well informed as always. Information is very powerful you were right about the scramble for EA and kenya in particular.
http://www.ft.com/cms/s/0/186b2586-e45f-11e0-844d-00144feabdc0.html
and
http://www.marketwatch.com/story/africa-oil-announces-denovo-transaction-closed-2011-09-20.
There are people who know what to do with this information and there are those who don't. I do not want to be the latter!
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Mainat
#27 Posted : Thursday, October 06, 2011 4:10:05 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
There are many companies looking for black gold in Kenya.http://www.theeastafrican.co.ke/business/Kenya+could+announce+oil+find+by+the+end+of+2011/-/2560/1246682/-/item/0/-/64ymhiz/-/index.html

Hope you've positioned yourself appropriately. I remember getting into Tullow Oil when it was still exploring in Ug back in 2007.
Sehemu ndio nyumba
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hisah
#28 Posted : Sunday, October 09, 2011 3:33:23 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
http://www.upstreamonlin.../live/article282603.ece

http://www-03.ibm.com/pr.../pressrelease/35590.wss

Keep watching...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Iborian
#29 Posted : Monday, October 10, 2011 10:38:42 AM
Rank: Member

Joined: 4/17/2009
Posts: 194
As one of the most informed Wazua contributors, I am glad to see that you maintain a bullish stance on Kenya in the medium term.

Good times will be coming in the not too distant future.

hisah wrote:
Constitution upgrade

Infrastructure upgrade boom supported by mega bonds

Real estate boom - coffee estates up for grabs for independent mini-cities & plush urban community lifestyle

Nairobi international financial hub

'Surprising' large gold deposits

'Suprising' huge petro deposits

Now this - http://www.businessdaily...4/-/s6qwpc/-/index.html

What more don't you know? Or what else is being hidden from you smile

I can see the NSE in future zooming like the Mongolia stock market last year where some counters flipped more than 300%...

Start wearing your money goggles for when this bus leaves the station, it turns into a rocket... Stay liquid long enough smile

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youcan'tstopusnow
#30 Posted : Friday, November 04, 2011 3:10:57 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Rich dudes taking position?

The world’s richest men target Kenya with investment billions

“We want to have a large footprint in East Africa which to us represents enormous potential and is the next growth market,” said Naresh Leekha, the executive director of Tata Africa.

http://www.businessdaily...0/-/ig5x1u/-/index.html





GOD BLESS YOUR LIFE
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  | | Edit by user: Friday, November 04, 2011 3:17 AM | Reason: Not specified
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