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Estimated 71 Billion Barrels...
mkonomtupu
#101 Posted : Thursday, March 22, 2012 10:39:47 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Africa Oil reported the Tullow Oil operated Ngamia-1 well on Block 10BB in Kenya is currently at a depth of 1,040 meters.

It’s drilling ahead to a planned target depth of approximately 2,700 meters.

There are no results to report at this time.
The Canadian oil firm also reported the Horn Petroleum operated Shabeel-1 well on the Dharoor Block in Puntland, Somalia, is currently at a depth of 2,383 meters.

It’s drilling ahead to a planned target depth of approximately 3,800 meters, the statement said, adding there are no results to report at this time.
hisah
#102 Posted : Thursday, March 22, 2012 1:34:34 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
me&myself wrote:
Hisah,

What's the next call?

Any hot tips which plays are about to happen...

Still looking for more...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
me&myself
#103 Posted : Thursday, March 22, 2012 3:04:24 PM
Rank: New-farer

Joined: 7/22/2010
Posts: 15
Location: Nairobi
Counters?
Do things simply;
Even better,
Do simple things
hisah
#104 Posted : Thursday, March 22, 2012 4:14:16 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
me&myself wrote:
Counters?


Look out for the makers of Solar Window...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#105 Posted : Saturday, March 24, 2012 7:30:55 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Pancontinental Oil & Gas NL completed the Nanaa 3D seismic survey in area L8 offshore Kenya.

Pancontinental believes that it has identified an oil-prone “sweet spot” offshore Kenya and this will first be tested by drilling planned before third quarter 2012, on the Mbawa prospect in L8. Mbawa has potential to contain more than 6.9 billion barrels of oil.

The survey covers the large Nanaa and Kozi leads at levels from the Tertiary to the Jurassic, as well as the large Bundi and Tai prospects in the Cretaceous to the upper Jurassic.

Data processing and interpretation are expected to be completed by the end of 2012.

Conducted by operator Apache Corp. on behalf of the L8 joint venture, the survey covers approximately 1,400 sq km southeast of the L8 area.

The Kenya L8 consortium consists of: the Apache Corp., operator, 50%; Origin Energy Ltd., 20%; Pancontinental Oil & Gas NL, 15%; and Tullow Kenya B.V., 15%.

http://www.epmag.com/Exp...ey-Offshore-Kenya_97996

http://intelligencebriefs.com/?p=2011
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Mainat
#106 Posted : Saturday, March 24, 2012 8:31:20 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Hisah-I was almost doubling with a 2.54 the other day. Got in too late for cove-due to certain restrictions...
What's your view on nene?
Sehemu ndio nyumba
hisah
#107 Posted : Sunday, March 25, 2012 12:36:03 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
Hisah-I was almost doubling with a 2.54 the other day. Got in too late for cove-due to certain restrictions...
What's your view on nene?

I think I was too conservative with my 2012 target. Seems $3 level will be surpassed with the current momentum!

I'm not aware of nene.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Mainat
#108 Posted : Sunday, March 25, 2012 9:49:20 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Hisah-new energy tech the boys pioneering spray-on solar
Sehemu ndio nyumba
pariah
#109 Posted : Monday, March 26, 2012 1:55:34 AM
Rank: Member

Joined: 11/24/2011
Posts: 833
Mainat wrote:
Bought at $1.28 now trading $1.72. Cheers Hisah



@mainat and hisah How can buy this ?
hisah
#110 Posted : Monday, March 26, 2012 11:10:19 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
Hisah-new energy tech the boys pioneering spray-on solar

Oh, now I get. You had stated the stock ticker, but i couldn't decode that smile
The nene guys are about to unleash a very disruptive way of generating power that will affect power firms. Once fully cleared for commercial go ahead, well the stock will explode for years.

http://www.marketwatch.c...-solarwindow-2012-03-15

Another power disruptive tech is cold fusion. 1 Megawatt cold fusion plant was successfully tested last year. Definitely this will pour cold water & ice on nuclear power gen. Not forgetting that the japanese quake didnt help the nuke power case last year.

In a decades time oil & nuke power will be dinosaurs as green power takes over smile

Green energy firms & their stocks will rally for yrs as the tech takes shape.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
119 Pages«<910111213>»
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