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OIL Officially found in TURKANA
youcan'tstopusnow
#151 Posted : Monday, March 26, 2012 9:21:26 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
pariah wrote:
the hate being spewed by kaka chuse and co. on Jamii forums about this oil find is just the one, !!!! Wa Tz wana shida kweli

Laughing out loudly Laughing out loudly I remember that dude! He came on Wazua n bwoy did he gerrit! Hahahaa...nkt! We should all join Jamii forum n' defend our country!! Laughing out loudly Laughing out loudly

Cde, seems oil is well here;-)
GOD BLESS YOUR LIFE
youcan'tstopusnow
#152 Posted : Monday, March 26, 2012 9:34:55 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
First Turkana. Next? Offshore?...
GOD BLESS YOUR LIFE
Oaks
#153 Posted : Monday, March 26, 2012 9:46:00 PM
Rank: Member

Joined: 1/22/2008
Posts: 45
Fyatu wrote:
Gordon Gekko wrote:
Show me any oil-producing African country that has ever prospered



my two cents

http://en.wikipedia.org/...es_by_GDP_%28nominal%29



Be optimistic. We could be the first.
Cde Monomotapa
#154 Posted : Monday, March 26, 2012 9:59:48 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
First Turkana. Next? Offshore?...

Kazi Iendelee! Usipotee hivyo lakini.
Fyatu
#155 Posted : Monday, March 26, 2012 10:01:42 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Oaks wrote:
Fyatu wrote:
Gordon Gekko wrote:
Show me any oil-producing African country that has ever prospered



my two cents

http://en.wikipedia.org/...es_by_GDP_%28nominal%29



Be optimistic. We could be the first.



@Oaks

I wanted to prove that most top ten African countries in GDP(Nominal) are also top ten oil producers

http://www.africapedia.c...S-TOP-TEN-OIL-PRODUCERS

With a good government (strong leadership) we could go to top 5, given that we are already a manufacturing economy......twitter trending aside (offcourse its a good laugh), my opinion is that if, the discovery is substantial for exploration then GoK might as well revise vision 2030 downwards to say, vision 2018
Dumb money becomes dumb only when it listens to smart money
nostoppingthis
#156 Posted : Monday, March 26, 2012 10:02:36 PM
Rank: Chief

Joined: 8/24/2009
Posts: 5,909
Location: Nairobi
Njung'e wrote:
Various websites claim the oil was found at 20 metres....Laughing out loudly ...Bure kabisa!

labda mafuta ya kukamua ng'ombe!!
Cde Monomotapa
#157 Posted : Monday, March 26, 2012 10:05:05 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
pariah wrote:
the hate being spewed by kaka chuse and co. on Jamii forums about this oil find is just the one, !!!! Wa Tz wana shida kweli

Laughing out loudly Laughing out loudly I remember that dude! He came on Wazua n bwoy did he gerrit! Hahahaa...nkt! We should all join Jamii forum n' defend our country!! Laughing out loudly Laughing out loudly

Cde, seems oil is well here;-)

Oil is well ma broda. Infact, just got off the phone with Busta n' we'll be releasing "Kenyan money" Arab money remix. LOiL!!
Fyatu
#158 Posted : Monday, March 26, 2012 10:11:42 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Fyatu wrote:
Oaks wrote:
Fyatu wrote:
Gordon Gekko wrote:
Show me any oil-producing African country that has ever prospered



my two cents

http://en.wikipedia.org/...es_by_GDP_%28nominal%29



Be optimistic. We could be the first.



@Oaks

I wanted to prove that most top ten African countries in GDP(Nominal) are also top ten oil producers

http://www.africapedia.c...S-TOP-TEN-OIL-PRODUCERS

With a good government (strong leadership) we could go to top 5, given that we are already a manufacturing economy......twitter trending aside (offcourse its a good laugh), my opinion is that if, the discovery is substantial for exploration then GoK might as well revise vision 2030 downwards to say, vision 2018



a better metric to underline the point:

http://en.wikipedia.org/...ntries_by_GDP_%28PPP%29
Dumb money becomes dumb only when it listens to smart money
timska
#159 Posted : Monday, March 26, 2012 10:14:59 PM
Rank: Member

Joined: 9/19/2006
Posts: 18
I'll remain focused on growing coffee as more Kenyans rise to the middle class, and selling machine cut stones. Ignore things home made because of oil at your own peril. This wealth will translate to more houses and more coffee drinking. Ride the crest folks.
Mpenzi
#160 Posted : Monday, March 26, 2012 10:26:03 PM
Rank: Veteran

Joined: 10/17/2008
Posts: 1,234
Njung'e wrote:
@A4,
It all depends on the way the goverment has it on agreement.In the case of UG,Tullow went into a production sharing agreement.Being whom they are,they invited Total and CNOOC in an agreement known as farmdown (Sharing the spoil)....but M7 took them through a tough 18 months as Tullow wanted to export the crude while M7 was for a refinery to benefit the region.He got his way but even then,Tullow still earned 310m USD for the farmdown grimiti which in turn availed capital for building the refinery.




Guka, it's called Farmout and the opposite is of course Farmin.
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