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Estimated 71 Billion Barrels...
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Robinhood
#331 Posted : Wednesday, July 04, 2012 6:32:32 PM
Rank: Elder

Joined: 12/11/2008
Posts: 2,306
mlennyma wrote:
A source indicated oil in excess of 300metres


Source gani @ Lenny?
Great men are not always wise, neither do the aged understand judgement...
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murchr
#332 Posted : Wednesday, July 04, 2012 7:56:35 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Tullow forecast Kenya has the potential to exceed Uganda, where together with Total SA and Cnooc Ltd. it plans to invest more than $10 billion to unlock an estimated 2.5 billion barrels of oil. The U.K. company’s Kenyan exploration acreage may hold as much as 10 billion barrels of oil resources, Tullow’s Exploration Director Angus McCoss said on a conference call with analysts.

Further Reading
"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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Nabwire
#333 Posted : Wednesday, July 04, 2012 10:08:42 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Murchr whats Ilemi traingle?
I was referencing their offshore neighbors, block L27&28 are next to Anardako and block L16 borders block L8 which is owned by Apache. They also have block L1B and now blocks 11A&11B. This must be a good thing, we'll see.
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murchr
#334 Posted : Wednesday, July 04, 2012 10:27:27 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Nabwire wrote:
Murchr whats Ilemi traingle?
I was referencing their offshore neighbors, block L27&28 are next to Anardako and block L16 borders block L8 which is owned by Apache. They also have block L1B and now blocks 11A&11B. This must be a good thing, we'll see.



Wacha google akusaidie on Ilemi triangle, on the offshore neighbors i agree with u
"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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Nabwire
#335 Posted : Wednesday, July 04, 2012 10:59:47 PM
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Joined: 7/22/2011
Posts: 1,325
Nimeiona, hawa watu hawako serious!!! Even if Sudan nyakuad that triangle, most of block 11A&B would still be in Kenya. And anyways, Camac is owned by Nigerians, so maybe they dont care which country their blocks are in.
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Rahatupu
#336 Posted : Thursday, July 05, 2012 2:19:53 PM
Rank: Veteran

Joined: 12/4/2009
Posts: 1,982
Location: matano manne
Nabwire wrote:
Nimeiona, hawa watu hawako serious!!! Even if Sudan nyakuad that triangle, most of block 11A&B would still be in Kenya. And anyways, Camac is owned by Nigerians, so maybe they dont care which country their blocks are in.


KDF putting up barracks in Turkana to safeguard resources around that area. Mtu ajaribu, it will be a declaration of aggression.
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youcan'tstopusnow
#337 Posted : Thursday, July 05, 2012 2:26:36 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Rahatupu wrote:
Nabwire wrote:
Nimeiona, hawa watu hawako serious!!! Even if Sudan nyakuad that triangle, most of block 11A&B would still be in Kenya. And anyways, Camac is owned by Nigerians, so maybe they dont care which country their blocks are in.


KDF putting up barracks in Turkana to safeguard resources around that area. Mtu ajaribu, it will be a declaration of aggression.


How are the barracks spread in North Eastern?
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#338 Posted : Thursday, July 05, 2012 6:37:33 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Sudan signs deals with oil
companies for 9 blocks
http://af.reuters.com/ar...s/idAFJOE86404J20120705
GOD BLESS YOUR LIFE
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Robinhood
#339 Posted : Friday, July 06, 2012 11:14:15 AM
Rank: Elder

Joined: 12/11/2008
Posts: 2,306
I hear Tullow has actually stuck commercial quantities of oil, but the info is being managed carefully in view of implications and sensitivity. No rink though
Great men are not always wise, neither do the aged understand judgement...
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Intelligentsia
#340 Posted : Friday, July 06, 2012 12:04:27 PM
Rank: Elder

Joined: 10/1/2009
Posts: 2,436
Rahatupu
[b wrote:
KDF putting up barracks in Turkana to safeguard resources[/b] around that area. Mtu ajaribu, it will be a declaration of aggression.


In fact there is serious modernization of all the arms of KDF to meet the country's growing geopolitical influence as well as the higher international stature that will be thrust into it by our growing hydrocarbons reserves. Already they have acquired very advanced attack choppers that only the Russians have.
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