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OIL Officially found in TURKANA
youcan'tstopusnow
#201 Posted : Tuesday, March 27, 2012 7:51:25 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
youcan'tstopusnow wrote:
Turnover actually went down.
hisah, how long did it take for Mongolia stocks to start zooming? Hehesmile


4 years. Boy when the bull came, it was a bison smile

Sawa. Will definitely be sticking around...
GOD BLESS YOUR LIFE
youcan'tstopusnow
#202 Posted : Tuesday, March 27, 2012 9:12:59 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Turkana oil find a blessing that calls for restrained celebration
http://www.businessdaily...-/14hxta8z/-/index.html
GOD BLESS YOUR LIFE
youcan'tstopusnow
#203 Posted : Tuesday, March 27, 2012 9:20:58 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Kenya is in great need of a Government owned company that oversees exploration and production. Yaani a Kenyan equivalent of SONANGOL or Petróleos de Venezuela, S.A.

(Ama is that the new mandate of NOCK?smile )

This is probable in the long term.

Otherwise, we will just be getting screwed, huko nyuma tena!


GOD BLESS YOUR LIFE
wanyee
#204 Posted : Tuesday, March 27, 2012 11:35:39 PM
Rank: Member

Joined: 7/17/2011
Posts: 627
Location: Mbui-Nzau, Kikumbulyu
next stop Magadi ..Gilgil?
Impunity
#205 Posted : Wednesday, March 28, 2012 3:25:57 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
I hope this "find" will lessen the appetite of Nairophy plots and the perenial rural-urban migration will be shifted to the North.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

harrydre
#206 Posted : Wednesday, March 28, 2012 4:00:42 AM
Rank: Elder

Joined: 7/10/2008
Posts: 9,131
Location: Kanjo
youcan'tstopusnow wrote:
Turkana oil find a blessing that calls for restrained celebration
http://www.businessdaily...-/14hxta8z/-/index.html


There is need to stop this excitement and think:-

1) Are we being conned? I have been seeing big chunks of big buck changing hands.

haya!

2) Is the government taking a second to think before signing some of these agreements? What makes us believe there are 2 billion barrels of oil. What if these guys suck this whole thing in 5 yrs and disappear? What makes us think they will pump it after the 5th year while govt takes 100%. if they down their tools and demand a 50-50 then, what can we do? after all, we don't have the skills.

revenues sharing

This is the point I ask, where are our Engineers. close to 60 yrs after independence and we still relying on outsiders.

3) The Turkana People, is anyone even thinking of these people?



i.am.back!!!!
pariah
#207 Posted : Wednesday, March 28, 2012 4:51:52 AM
Rank: Member

Joined: 11/24/2011
Posts: 833
harrydre wrote:
youcan'tstopusnow wrote:
Turkana oil find a blessing that calls for restrained celebration
http://www.businessdaily...-/14hxta8z/-/index.html


There is need to stop this excitement and think:-

1) Are we being conned? I have been seeing big chunks of big buck changing hands.

haya!

2) Is the government taking a second to think before signing some of these agreements? What makes us believe there are 2 billion barrels of oil. What if these guys suck this whole thing in 5 yrs and disappear? What makes us think they will pump it after the 5th year while govt takes 100%. if they down their tools and demand a 50-50 then, what can we do? after all, we don't have the skills.

revenues sharing

This is the point I ask, where are our Engineers. close to 60 yrs after independence and we still relying on outsiders.

3) The Turkana People, is anyone even thinking of these people?






are you a saddist naturally/? for the life of me i cant remember hearing/reading anything positive from you

but you still pass valid points


some people are so brain washed to not expect anything positive from their motherland
butterflyke
#208 Posted : Wednesday, March 28, 2012 7:22:59 AM
Rank: Elder

Joined: 5/1/2010
Posts: 3,024
Location: Hapa
Oilberg/Oiroberg is in the making

Pray
Float like a butterfly, sting like a bee. - Muhammad Ali🐝
mwekez@ji
#209 Posted : Wednesday, March 28, 2012 8:15:49 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
harrydre wrote:


There is need to stop this excitement and think:-

1) Are we being conned? I have been seeing big chunks of big buck changing hands.

haya!

2) Is the government taking a second to think before signing some of these agreements? What makes us believe there are 2 billion barrels of oil. What if these guys suck this whole thing in 5 yrs and disappear? What makes us think they will pump it after the 5th year while govt takes 100%. if they down their tools and demand a 50-50 then, what can we do? after all, we don't have the skills.

revenues sharing

This is the point I ask, where are our Engineers. close to 60 yrs after independence and we still relying on outsiders.

3) The Turkana People, is anyone even thinking of these people?



1.d'oh! d'oh! d'oh!

2. revenue sharing agreement: Tullow Oil/GOK
Year 1: 80/20
Year 2: 60/40
Year 3: 40/60
Year 4: 20/80
Year 5: 00/100

d'oh! d'oh! d'oh!

3. d'oh! d'oh! d'oh!
McReggae
#210 Posted : Wednesday, March 28, 2012 8:35:31 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
We have local engineers from NOCK working with Tullow.

Tullow invested it's money in exploring the oil, if they had failed they would have burnt their fingers, now that they have succeeded we are rushing to think they wanna con us.....c'mon kenyans!!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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