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Estimated 71 Billion Barrels...

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murchr		#411 Posted : Wednesday, August 01, 2012 11:06:00 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		Norwegian firm Statoil joins the search for oil in Kenya "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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jonna		#412 Posted : Thursday, August 02, 2012 9:52:20 AM
Rank: Member Joined: 11/16/2011 Posts: 196 Location: united states of africa		And the mystery continues Terreng terreng like in William Tell series http://www.youtube.com/w...FMM&feature=related Energy.
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Nabwire		#413 Posted : Friday, August 03, 2012 7:38:35 PM
Rank: Veteran Joined: 7/22/2011 Posts: 1,325		KiFagio wrote: murchr wrote: Someone Please explain what Oburu Odinga just said as from 8:30...did someone just leak some vital information????? Aint getting the message. What is he saying? Yeah pliz give us a recap of what he said? And who is he? It just occured to me that the refinery is in Mombasa, plus most of this oil I'm assuming will be sold to China. So the companies closer to Mombasa will have lower overhead costs in the long run as far as transportation costs. Anadarko, Apache,DGAK are all on the Coastline. So it looks like Camac energy may be a great play coz its assets are also on the coastline and offshore.Only time will tell.
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murchr		#414 Posted : Friday, August 03, 2012 8:02:25 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		Nabwire wrote: KiFagio wrote: murchr wrote: Someone Please explain what Oburu Odinga just said as from 8:30...did someone just leak some vital information????? Aint getting the message. What is he saying? Yeah pliz give us a recap of what he said? And who is he? It just occured to me that the refinery is in Mombasa, plus most of this oil I'm assuming will be sold to China. So the companies closer to Mombasa will have lower overhead costs in the long run as far as transportation costs. Anadarko, Apache,DGAK are all on the Coastline. So it looks like Camac energy may be a great play coz its assets are also on the coastline and offshore.Only time will tell. Click on the link and listen to it as from the 8th minute "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		#415 Posted : Friday, August 03, 2012 8:27:38 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		murchr wrote: Nabwire wrote: KiFagio wrote: murchr wrote: Someone Please explain what Oburu Odinga just said as from 8:30...did someone just leak some vital information????? Aint getting the message. What is he saying? Yeah pliz give us a recap of what he said? And who is he? It just occured to me that the refinery is in Mombasa, plus most of this oil I'm assuming will be sold to China. So the companies closer to Mombasa will have lower overhead costs in the long run as far as transportation costs. Anadarko, Apache,DGAK are all on the Coastline. So it looks like Camac energy may be a great play coz its assets are also on the coastline and offshore.Only time will tell. Click on the link and listen to it as from the 8th minute @murchr - I've noted that very few people have time to watch or listen to videos. This FB and twitter age is bad stuff since everyone wants instant info without going through stuff... Anyway one only needs to listen to this video between minute 8 and 9. Just one minute of priceless info... http://bit.ly/MDgeXM @murchr - I think a rig was deployed there back in June. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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murchr		#416 Posted : Tuesday, August 07, 2012 10:41:45 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		Tullow CEO on why to invest in E. Africa "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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Bachuma Gate		#417 Posted : Wednesday, August 08, 2012 9:23:29 AM
Rank: Member Joined: 3/26/2012 Posts: 280		Hisah. While the likelihood of discovering oil around Lake Victoria is high one cannot conclusively say what he is saying without drilling. I think he is just excited. DOH
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Nabwire		#418 Posted : Wednesday, August 08, 2012 10:41:27 PM
Rank: Veteran Joined: 7/22/2011 Posts: 1,325		murchr wrote: Tullow CEO on why to invest in E. Africa Do you have a recap on that?? Just kidding before you get a heart attack. Why lie I dont like listening to speeches, they are usually boring and the audio is usually bad too. So,hiyo recap ni aje?? LOL
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murchr		#419 Posted : Thursday, August 09, 2012 8:14:09 AM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		Nabwire wrote: murchr wrote: Tullow CEO on why to invest in E. Africa Do you have a recap on that?? Just kidding before you get a heart attack. Why lie I dont like listening to speeches, they are usually boring and the audio is usually bad too. So,hiyo recap ni aje?? LOL I thot listening was easier than reading? Anyway, he's just talking about the oil pay and their plans on having a pipeline and refinery in UG "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		#420 Posted : Thursday, August 09, 2012 6:35:49 PM
Rank: Veteran Joined: 7/22/2011 Posts: 1,325		Thank you, didnt think you'd actually give a recap. And no, reading is easier coz you can skim through sometimes in less than a minute, just reading the important parts. But speeches, you are forced to listen to everything! So do we have a deal ukuwe ukiweka recap??LOL See the most important part of that speech is having a pipeline and refinery in UG, wow that changes everything!! Thanks
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