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Estimated 71 Billion Barrels...
hisah
#71 Posted : Saturday, February 11, 2012 2:39:14 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
hisah wrote:
Mainat wrote:
Bought at $1.28 now trading $1.72. Cheers Hisah

There still room for loads of money to be made smile

Undoubtedly, just recognising. Its not every year, I get an easy money tip.


Now trading $1.90 (49% up for mainat). I expect it to zoom to $2.70 by year end or even higher if the announcement is made this year. Keep following the Lundin group.

http://www.africaoilcorp.com/s/Home.asp

I'm also seeing interesting moves in Madagascar-Mozambique channels.

Right now tracking - Andarko Petroleum and Cove energy on their Mozambique exploits. BP's proven gas reserves are less than the Andarko's estimated discovery.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Mainat
#72 Posted : Saturday, February 11, 2012 3:13:33 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
hisah wrote:
Mainat wrote:
hisah wrote:
Mainat wrote:
Bought at $1.28 now trading $1.72. Cheers Hisah

There still room for loads of money to be made smile

Undoubtedly, just recognising. Its not every year, I get an easy money tip.


Now trading $1.90 (49% up for mainat). I expect it to zoom to $2.70 by year end or even higher if the announcement is made this year. Keep following the Lundin group.

http://www.africaoilcorp.com/s/Home.asp

I'm also seeing interesting moves in Madagascar-Mozambique channels.

Right now tracking - Andarko Petroleum and Cove energy on their Mozambique exploits. BP's proven gas reserves are less than the Andarko's estimated discovery.


Another longhold for me. Hopefully exit when its gets bought out or my sons enter Uni.
Sehemu ndio nyumba
hisah
#73 Posted : Monday, February 20, 2012 11:22:06 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Keep watching the EA oily games... Do the skeptics still think all these oil majors lining up for a piece of action are investing in guess work... Wait until the 70 floor building comes up smile

Quote:
Tullow's find in Uganda is attracting other explorers to the region.About 14 companies including Anadarko, Vancouver- based Vanoil Energy Ltd. and Afren have signed 26 production- sharing agreements with Kenya, the country's Petroleum Commissioner Martin Heya said in August.

"The early indications we have in the rift basin is that they are
generally oil prone," said Africa Oil Chief Executive Officer Keith
Hill. Royal Dutch Shell Plc and Amoco Corp., now part of BP Plc,
drilled wells in Kenya and recovered oil in the early 1990s, according
to Hill.

The partners last month started drilling the Ngamia-1 well in Kenya's Block 10BB, part of a plan for two wells in Kenya and one in Ethiopia this year. It will take at least 60 days to drill and the rig will then move to spud the Paipai-1 well in Block 10A in the second quarter. It will be "a multi-year exploration program," Tullow Chief Operating Officer Paul McDade said.

Premier Oil Plc and partners including BG Group Plc and Cove Energy
Plc are exploring off Kenya and hoping that gas discoveries made to
the south in Tanzania and Mozambique are stretching into their waters.

In Kenyan "deeper-water offshore we are convinced it will be gas if it works," said Premier CEO Simon Lockett. "But in the shallow section there is a potential for oil."


Tullow Seen Beating Peers With $30 Billion Africa Find --> http://www.sfgate.com/cg...LYGHC41A1I4I01-LZJSC.DTL
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
drzhivago
#74 Posted : Tuesday, February 21, 2012 10:47:16 AM
Rank: Member

Joined: 11/21/2007
Posts: 38
too much activity on this one ...

http://allafrica.com/stories/201202101200.html

... please share on how we can get in before its unaffordable
Aguytrying
#75 Posted : Tuesday, February 21, 2012 11:50:08 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@hisah. It looks like its just a matter of time, i need to get a slice of this pie before its too late
The investor's chief problem - and even his worst enemy - is likely to be himself
hisah
#76 Posted : Tuesday, February 21, 2012 3:07:02 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@mainat - how do you trade the intl stocks from KE? Maybe you could help @aguy and drzhivago.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
harrydre
#77 Posted : Tuesday, February 21, 2012 8:22:00 PM
Rank: Elder

Joined: 7/10/2008
Posts: 9,131
Location: Kanjo
All we do as Waafrica is talk talk talk. We will wait till international companies start mining then we start crying exploitation yet these deposits have been here for decades and nobody is doing sh*t about it. Where are our so called engineers and investors?
i.am.back!!!!
Mainat
#78 Posted : Tuesday, February 21, 2012 11:35:21 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Saxomarkets would be your best bet as recommended by various. I've always had a TD account which gives access to North America/European stocks which I opened in Rondon.
Sehemu ndio nyumba
harrydre
#79 Posted : Wednesday, February 22, 2012 5:53:57 AM
Rank: Elder

Joined: 7/10/2008
Posts: 9,131
Location: Kanjo
in the coming 10-20 years, the bulk of Energy source will no longer be oil. So cash in now if you can.
i.am.back!!!!
hisah
#80 Posted : Wednesday, February 22, 2012 8:50:12 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
harrydre wrote:
in the coming 10-20 years, the bulk of Energy source will no longer be oil. So cash in now if you can.

Just to pick ur thots, what are the alternative and are you playing them? Why are oil majors now more interested with natural gas?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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