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Estimated 71 Billion Barrels...
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Bachuma Gate
#231 Posted : Tuesday, June 12, 2012 3:00:56 AM
Rank: Member

Joined: 3/26/2012
Posts: 280
Here are the blocks. It may be abit old

http://www.nockenya.co.k...?flag=upstream&ust=3
DOH
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murchr
#232 Posted : Tuesday, June 12, 2012 6:10:43 AM
Rank: Elder

You have been a member since:: 2/26/2012
Posts: 15,980
@Nabwire hope the post above helped....
In other news Anadarko finds more gas offshore Mozambique
"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
#233 Posted : Tuesday, June 12, 2012 9:10:42 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
murchr wrote:
@Nabwire hope the post above helped....
In other news Anadarko finds more gas offshore Mozambique

Cove Energy was the other cat I let out of bag after Afol. Though the gains are slower than Afol, it still has more rallies to come.

Still looking for more EA plays. Next it'll be EA infrastructure e.g. cement firms and builders. Then the financials & real estate then utilities and finally consumer stocks. By 2018 some stocks will have been split many times to make them affordable smile

I'm looking at the EA OTC market were possible. That's a kitten waiting to be a cat smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Aguytrying
#234 Posted : Tuesday, June 12, 2012 10:49:50 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
hisah wrote:
murchr wrote:
@Nabwire hope the post above helped....
In other news Anadarko finds more gas offshore Mozambique

Cove Energy was the other cat I let out of bag after Afol. Though the gains are slower than Afol, it still has more rallies to come.

Still looking for more EA plays. Next it'll be EA infrastructure e.g. cement firms and builders. Then the financials & real estate then utilities and finally consumer stocks. By 2018 some stocks will have been split many times to make them affordable smile

I'm looking at the EA OTC market were possible. That's a kitten waiting to be a cat smile


Keep letting those cats out.
Is it safe to say that investors should hold stocks for the next at least six years without selling, it sounds like you are expecting the mother of all bulls.
The investor's chief problem - and even his worst enemy - is likely to be himself
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Metasploit
#235 Posted : Tuesday, June 12, 2012 11:36:49 AM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Aguy the language is by 2018.
Infrastructure boom will come ealier.case study Angola,LAPSET ETC ETC

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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hisah
#236 Posted : Tuesday, June 12, 2012 11:47:18 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Aguytrying wrote:
hisah wrote:
murchr wrote:
@Nabwire hope the post above helped....
In other news Anadarko finds more gas offshore Mozambique

Cove Energy was the other cat I let out of bag after Afol. Though the gains are slower than Afol, it still has more rallies to come.

Still looking for more EA plays. Next it'll be EA infrastructure e.g. cement firms and builders. Then the financials & real estate then utilities and finally consumer stocks. By 2018 some stocks will have been split many times to make them affordable smile

I'm looking at the EA OTC market were possible. That's a kitten waiting to be a cat smile


Keep letting those cats out.
Is it safe to say that investors should hold stocks for the next at least six years without selling, it sounds like you are expecting the mother of all bulls.

With the current euro debt bomb, it's a bit tricky to hold out and the chance of stocks bleeding globally again is quite high. This thing needs to be sorted asap. The drama has dragged on too long since GFC. Anyway, Africa is the place to be once the global storm is over. Apart from GFC issues, CBK and Treasury too need to up their game. The beauty is with a tight CBR once cut down to size, equities should take a sizable bulge as the money flood ensues smile

EA should also quicken the integration to multiply the economy power.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Liv
#237 Posted : Tuesday, June 12, 2012 12:08:27 PM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
@Hisah,

Many thanks for heads up....

Which countries are afol and smb quoted and how much are they going for at the moment?
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hisah
#238 Posted : Tuesday, June 12, 2012 12:39:45 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Liv wrote:
@Hisah,

Many thanks for heads up....

Which countries are afol and smb quoted and how much are they going for at the moment?


SMB is listed as SMB: TSX.V and GDA: Frankfurt and SMBZF: OTCQX

Afol is listed as TSX.V:AOI and OMX:AOI


SMB has projects in Kenya (Wajir region), Guinea, Liberia, Ghana and Mali (coming soon - Block 3).
http://www.simbaenergy.ca/projects/kenya.aspx - Oil shows encountered between
970m-1020m and Gas shows encountered between
2150m-4290m
http://www.simbaenergy.ca/projects/guinea.aspx
http://www.simbaenergy.ca/projects/liberia.aspx
Presentation - http://www.simbaenergy.c...les/SMB_Kenya_Mar24.pdf - check out pg24 for the company profile on capital shareholding.

Afol has projects in Kenya, Ethiopia and Mali.
http://www.africaoilcorp...ons.asp?ReportID=352319

Something about Mali and the current chaos; coups et al. Must be a big market for all these chaos just to erupt?!

The other common factor is Somali. Follow the money.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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  | | Edit by user: Tuesday, June 12, 2012 12:40 PM | Reason: Not specified
Nabwire
#239 Posted : Tuesday, June 12, 2012 5:28:45 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Thanks guys though I meant a map showing which companies own which blocks. Africa oil looks like it owns almost the whole place!!
And then this

http://finance.yahoo.com...sessment-132000930.html

thanks again!
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murchr
#240 Posted : Tuesday, June 12, 2012 6:33:57 PM
Rank: Elder

You have been a member since:: 2/26/2012
Posts: 15,980
Nabwire wrote:
Thanks guys though I meant a map showing which companies own which blocks. Africa oil looks like it owns almost the whole place!!
And then this

http://finance.yahoo.com...sessment-132000930.html

thanks again!


The map there indicates that.
"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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