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Estimated 71 Billion Barrels...
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Nabwire
#541 Posted : Saturday, November 03, 2012 5:12:42 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Wow Anadarko plans to spend $120 million on exploration!!!It will begin drilling this quarter or the first quarter of 2013, there's part of your answer.
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murchr
#542 Posted : Sunday, November 04, 2012 7:01:37 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
For those who have not received the aoiff Nov report, here it is: Nabwire since u enjoy reading, go thru it and give us a summary
"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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youcan'tstopusnow
#543 Posted : Monday, November 05, 2012 9:31:00 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
"This time next year, we'll be talking of billions of barrels discovered" - Energy PS
GOD BLESS YOUR LIFE
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hisah
#544 Posted : Tuesday, November 06, 2012 5:46:07 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
"This time next year, we'll be talking of billions of barrels discovered" - Energy PS

Billions of barrels. Aha! Now imagine how vast this hydrocarbons ocean is from Ethiopia till Mozambique! Now picture this region 10yrs from now as production gears up. Next picture double digit GDP growth of 10 - 15%. Real estate, consumer sector, infrastructure, energy - follow the money.

Trivia - Will Toyota be the car for 2020 - 2030 with oil money lining pockets?

Assumptions - EA is peaceful, EA gubberments dont screw up, EA uses the hydrocarbons & rare earth mineral revenues wisely, devolution is evenly balanced and last but not least, politicians potbellies burst since they ate too much & cant 'eat' anymore like a stuffed up puppy smile

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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murchr
#545 Posted : Tuesday, November 06, 2012 6:17:43 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
youcan'tstopusnow wrote:
"This time next year, we'll be talking of billions of barrels discovered" - Energy PS

Billions of barrels. Aha! Now imagine how vast this hydrocarbons ocean is from Ethiopia till Mozambique! Now picture this region 10yrs from now as production gears up. Next picture double digit GDP growth of 10 - 15%. Real estate, consumer sector, infrastructure, energy - follow the money.

Trivia - Will Toyota be the car for 2020 - 2030 with oil money lining pockets?

Assumptions - EA is peaceful, EA gubberments dont screw up, EA uses the hydrocarbons & rare earth mineral revenues wisely, devolution is evenly balanced and last but not least, politicians potbellies burst since they ate too much & cant 'eat' anymore like a stuffed up puppy smile



That should happen this year before we get all oily and golden smile
"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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mlennyma
#546 Posted : Tuesday, November 06, 2012 8:03:36 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Stick to the barometer nse.
"Don't let the fear of losing be greater than the excitement of winning."
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mkeiyd
#547 Posted : Tuesday, November 06, 2012 8:43:36 AM
Rank: Veteran

Joined: 3/26/2012
Posts: 1,182
murchr wrote:
For those who have not received the aoiff Nov report, here it is: Nabwire since u enjoy reading, go thru it and give us a summary



Those diagrams made me dizzy, i will assume they mean there's is oil as i wait for the experts to chew on those charts.
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murchr
#548 Posted : Wednesday, November 07, 2012 4:49:24 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Nabwire wrote:
Wow Anadarko plans to spend $120 million on exploration!!!It will begin drilling this quarter or the first quarter of 2013, there's part of your answer.


"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
#549 Posted : Monday, November 12, 2012 7:43:38 AM
Rank: Member

Joined: 11/16/2011
Posts: 196
Location: united states of africa
Watch Horn Petroleum closely.
Energy.
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hisah
#550 Posted : Monday, November 12, 2012 10:15:45 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
http://www.nation.co.ke/...2/-/1paexj/-/index.html

Quote:
Geological Society of Kenya chairperson Gladys Kianji on Monday said the proposed Mining Bill and the Special Economic Zones Bill were urgent as they would address various communities’ concerns over, say, the multi-billion coal mining project in Kitui County.


Special economical zones are the way to go for KE devolution fast tracking.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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