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Estimated 71 Billion Barrels...
Rank: Elder Joined: 11/7/2007 Posts: 2,182
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boss, this stuff is insightful. respectj LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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http://uk.finance.yahoo....ensive-than-london.html
Nairobi could be the new Luanda-Angola if we manage our resources well The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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An independent assessment of Simba Energy’s (CVE:SMB) wholly owned Kenyan asset, exploration block 2A, estimates the area could contain as much as 1.9 billion barrels of oil. Simba today revealed that the new competent persons report, based on existing 2D seismic data, defined three prospective leads. The report was compiled by the firm’s consultant Sproule Associates. And it estimates the leads may contain 1.927 billion barrels of ‘undiscovered petroleum in-place’.
From that figure it is estimated that 445.3 million barrels of oil could be recoverable, and they are termed ‘gross unrisked prospective resources’.Link"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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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Murchr the map only shows the blocks but it doesnt state which companies own them. It would be great to have a map showing the companies, though I have a rough idea from the articles which company owns what, there are some blocks which have not yet been accounted for.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Nabwire wrote:Murchr the map only shows the blocks but it doesnt state which companies own them. It would be great to have a map showing the companies, though I have a rough idea from the articles which company owns what, there are some blocks which have not yet been accounted for. Click on it, its going to enlarge then below there u will see an index with the allocations "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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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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kyt wrote:boss, this stuff is insightful. respectj These days info is on social media - FB, twitter, blogs,forums etc. Damp the newspaper & TV (mainstream media) if you want to stay ahead of the game... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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murchr wrote:An independent assessment of Simba Energy’s (CVE:SMB) wholly owned Kenyan asset, exploration block 2A, estimates the area could contain as much as 1.9 billion barrels of oil. Simba today revealed that the new competent persons report, based on existing 2D seismic data, defined three prospective leads. The report was compiled by the firm’s consultant Sproule Associates. And it estimates the leads may contain 1.927 billion barrels of ‘undiscovered petroleum in-place’.
From that figure it is estimated that 445.3 million barrels of oil could be recoverable, and they are termed ‘gross unrisked prospective resources’.Link My curiosity is on the rig being sent to the lake side in western KE region. Tullow doesn't guess things...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi
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hisah wrote:murchr wrote:An independent assessment of Simba Energy’s (CVE:SMB) wholly owned Kenyan asset, exploration block 2A, estimates the area could contain as much as 1.9 billion barrels of oil. Simba today revealed that the new competent persons report, based on existing 2D seismic data, defined three prospective leads. The report was compiled by the firm’s consultant Sproule Associates. And it estimates the leads may contain 1.927 billion barrels of ‘undiscovered petroleum in-place’.
From that figure it is estimated that 445.3 million barrels of oil could be recoverable, and they are termed ‘gross unrisked prospective resources’.Link My curiosity is on the rig being sent to the lake side in western KE region. Tullow doesn't guess things... migingo?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@Kizee - http://kenya411.com/tull...s-it-scales-up-drilling/$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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kizee1 wrote:hisah wrote:murchr wrote:An independent assessment of Simba Energy’s (CVE:SMB) wholly owned Kenyan asset, exploration block 2A, estimates the area could contain as much as 1.9 billion barrels of oil. Simba today revealed that the new competent persons report, based on existing 2D seismic data, defined three prospective leads. The report was compiled by the firm’s consultant Sproule Associates. And it estimates the leads may contain 1.927 billion barrels of ‘undiscovered petroleum in-place’.
From that figure it is estimated that 445.3 million barrels of oil could be recoverable, and they are termed ‘gross unrisked prospective resources’.Link My curiosity is on the rig being sent to the lake side in western KE region. Tullow doesn't guess things... migingo? Lol....Even Migingo M7 told us that the stone is in Kenya but the waters belong to UG trust me he never meant the fish @Hisah have u noticed that they have acquired the 7th exploration block...interesting i must say  "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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Estimated 71 Billion Barrels...
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