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Estimated 71 Billion Barrels...
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gatoho
#171 Posted : Tuesday, April 24, 2012 4:47:20 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
Murchr need you view and advice, hit me on gatoho at yahoo pls
Foresight..
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murchr
#172 Posted : Tuesday, April 24, 2012 10:23:42 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
gatoho wrote:
Murchr need you view and advice, hit me on gatoho at yahoo pls



Share it on Wazua the more the merrier
"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
.
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mkonomtupu
#173 Posted : Wednesday, April 25, 2012 3:26:51 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
I was going through the presentation by Africaoil link below. So it appears that Bogal 1 well near isiolo found a 2-3TCF gas field that could supply kenya with 2000MW(gas to power) for 15 years.

http://www.africaoilcorp...2-April-Presentation.pdf
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deadpoet
#174 Posted : Wednesday, April 25, 2012 4:23:07 PM
Rank: Member

Joined: 9/27/2006
Posts: 506
there will be blood...
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ngapat
#175 Posted : Wednesday, April 25, 2012 8:57:42 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
[quote=mkonomtupu]I was going through the presentation by Africaoil link below. So it appears that Bogal 1 well near isiolo found a 2-3TCF gas field that could supply kenya with 2000MW(gas to power) for 15 years.

http://www.africaoilcorp...-April-Presentation.pdf[/quote]
....And this was kept secretSad Sad
“Invest in yourself. Your career is the engine of your wealth.”
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murchr
#176 Posted : Wednesday, April 25, 2012 9:36:00 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
ngapat wrote:
[quote=mkonomtupu]I was going through the presentation by Africaoil link below. So it appears that Bogal 1 well near isiolo found a 2-3TCF gas field that could supply kenya with 2000MW(gas to power) for 15 years.

http://www.africaoilcorp...-April-Presentation.pdf[/quote]
....And this was kept secretSad Sad


Ngapat....."kept secret" but posted on the web for you to read? Note that this is not Ngamia well
"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
.
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hisah
#177 Posted : Monday, May 07, 2012 4:24:55 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Kenya has struck more oil in Turkana and surpassed the oil reserve in Uganda, Tullow Oil Plc, which is operating the block has announced. Haya basi, habari ndiyo hiyo...

http://www.businessdaily...8/-/t7xllu/-/index.html

Quote:
"This ongoing wildcat is an excellent start to our exploration campaign. The net pay encountered so far in Ngamia-1 is more than double that encountered in any of our East African exploration wells to date. We now look forward to the drilling and evaluation of the deeper potential of this well and the acceleration of our seismic and drilling campaigns in the region, " said Angus McCoss, Exploration Director at Tullow Oil Plc.

The company announced that the Ngamia-1 exploration well has now been drilled to an intermediate depth of 1,515 metres and the total net oil pay encountered so far has increased to an excess of 100 metres across multiple reservoir zones.


I'm being tempted to get into NSE at this rate, global econ eurozone risk fundies and CBK tight rates be damned...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#178 Posted : Monday, May 07, 2012 5:29:47 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Mainat wrote:
Hisah: the ka-thing touched $5.70

I was looking for 300%, but I've now decided to aim for 1000%. And am not greedy yet?!

26% up in pre-US open. A high of $8.19 and currently at $7.37.

Seems like I will have to stop setting targets for the stock. With today's announcement, this has now become long term for me!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mwasjd
#179 Posted : Monday, May 07, 2012 5:32:05 PM
Rank: Member

Joined: 7/28/2006
Posts: 30
I've just read the Tullow Oil statement & seems these guys are on a roll. 100m of oil at a depth of 1515m so far, yet to get to target 2700m, and already more than double any East African well. Eh, we need that Oil Revenue Management Bill process up and running. If we get the policies in place, an Oil fund where we use only the profits for infrastructure (road, rail, education, health) development alone can serve this country well. #vision2030
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Aguytrying
#180 Posted : Monday, May 07, 2012 5:52:49 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
hisah wrote:
hisah wrote:
Mainat wrote:
Hisah: the ka-thing touched $5.70

I was looking for 300%, but I've now decided to aim for 1000%. And am not greedy yet?!

26% up in pre-US open. A high of $8.19 and currently at $7.37.

Seems like I will have to stop setting targets for the stock. With today's announcement, this has now become long term for me!


awesome!!!
For all those watching at home, this is what is called a home run.

The investor's chief problem - and even his worst enemy - is likely to be himself
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