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Estimated 71 Billion Barrels...
jonna
#761 Posted : Friday, March 15, 2013 3:53:19 AM
Rank: Member


Joined: 11/16/2011
Posts: 196
Location: united states of africa
Nabwire wrote:
That was a typo, I meant is this like some form of aspirin.
Saasa, you do realize you didnt give a name for the $4.50 drug right? Anyways I'm underwater, so I cant participate.


Now I do, then I didn't.

Alexza Pharmaceuticals.
Energy.
Hunderwear
#762 Posted : Friday, March 15, 2013 4:40:34 AM
Rank: Member


Joined: 4/14/2011
Posts: 639
youcan'tstopusnow
#763 Posted : Friday, March 15, 2013 6:14:08 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
“There was a giant under- explored hole on the map,” Africa Oil Chief Executive Officer Keith Hill said in an interview in Nairobi. “Now
the world has woken up to East Africa. I’ve never seen a basin of this magnitude.”
http://mobile.bloomberg....-energy.html?cmpid=yhoo
GOD BLESS YOUR LIFE
hisah
#764 Posted : Friday, March 15, 2013 10:31:13 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
“There was a giant under- explored hole on the map,” Africa Oil Chief Executive Officer Keith Hill said in an interview in Nairobi. “Now
the world has woken up to East Africa. I’ve never seen a basin of this magnitude.”
http://mobile.bloomberg....-energy.html?cmpid=yhoo

I like the way the news is always released like a hard drug dosage. Drop by drop until, boom, it's party time.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
ekahindi
#765 Posted : Saturday, March 16, 2013 8:47:10 PM
Rank: New-farer


Joined: 5/8/2011
Posts: 45
@hisah,I've been following ur threads on oil prospects am the progress.i
would be interested in investing in stocks that are prospecting for oil such as Africa oil.how do i go about it.thnkx
hisah
#766 Posted : Sunday, March 17, 2013 12:35:47 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
ekahindi wrote:
@hisah,I've been following ur threads on oil prospects am the progress.i
would be interested in investing in stocks that are prospecting for oil such as Africa oil.how do i go about it.thnkx

If you are in KE I can't help.

Btw those in KE, how do you do it?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
ekahindi
#767 Posted : Sunday, March 17, 2013 11:59:16 AM
Rank: New-farer


Joined: 5/8/2011
Posts: 45
Yes I am in Kenya but I have a pal who leaves I Canada who was also enquiring the same
.Wazuan's back here in Kenya,how do you go about it?Your help will be highly appreciated.
hisah
#768 Posted : Sunday, March 17, 2013 12:53:01 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
ekahindi wrote:
Yes I am in Kenya but I have a pal who leaves I Canada who was also enquiring the same
.Wazuan's back here in Kenya,how do you go about it?Your help will be highly appreciated.

This is quite resourceful for all. Your pal in Canada should find it easier researching from the home country.


http://www.caseyresearch...ian_Stock_Investing.pdf

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#769 Posted : Sunday, March 17, 2013 2:27:46 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Kenya slaps oil explorers with capital rules - http://www.theeastafrica.../-/y5ep64z/-/index.html

Quote:
Kenya has revised upwards the minimum amount of money oil exploration firms have to spend on work programmes in onshore and offshore areas.

To qualify for award of exploration rights, firms applying for new acreage from this month will be required to commit to spending $28.2 million in the initial two years onshore and $31.2 million offshore in the first three years.

A new term sheet by the Ministry of Energy details the minimum work and exploration obligations, the mechanism for firms to recover money spent on exploration if commercial oil discoveries are made and profit sharing with the government.

Energy Permanent Secretary Patrick Nyoike said production-sharing contracts (PSCs) will be signed with firms that agree to pay $1 million as one-off commitment fee for an exploration area. The commitment fee has been raised from $300,000 and explorers must have a balance sheet of $100 million.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#770 Posted : Sunday, March 17, 2013 2:39:02 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Tullow tried to pay Museveni - lawyer

http://www.monitor.co.ug.../-/vtisgpz/-/index.html

The political vested interests...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#771 Posted : Sunday, March 17, 2013 3:22:40 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
Kenya slaps oil explorers with capital rules - http://www.theeastafrica.../-/y5ep64z/-/index.html

Quote:
Kenya has revised upwards the minimum amount of money oil exploration firms have to spend on work programmes in onshore and offshore areas.

To qualify for award of exploration rights, firms applying for new acreage from this month will be required to commit to spending $28.2 million in the initial two years onshore and $31.2 million offshore in the first three years.

A new term sheet by the Ministry of Energy details the minimum work and exploration obligations, the mechanism for firms to recover money spent on exploration if commercial oil discoveries are made and profit sharing with the government.

Energy Permanent Secretary Patrick Nyoike said production-sharing contracts (PSCs) will be signed with firms that agree to pay $1 million as one-off commitment fee for an exploration area. The commitment fee has been raised from $300,000 and explorers must have a balance sheet of $100 million.


The new requirements could mark the end of micro cap wildcat explorers getting acreage...
GOD BLESS YOUR LIFE
youcan'tstopusnow
#772 Posted : Sunday, March 17, 2013 3:24:27 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
ekahindi, try Saxomarkets or Penn Trade
GOD BLESS YOUR LIFE
hisah
#773 Posted : Sunday, March 17, 2013 4:04:24 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
ekahindi, try Saxomarkets or Penn Trade

Asante smile

Many have asked this questions. I hope they note it down. Perhaps you could also tell them about the tips to go about it as well as pitfalls to watch out for.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#774 Posted : Sunday, March 17, 2013 5:11:43 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
youcan'tstopusnow wrote:
ekahindi, try Saxomarkets or Penn Trade

Asante smile

Many have asked this questions. I hope they note it down. Perhaps you could also tell them about the tips to go about it as well as pitfalls to watch out for.


Maybe just try to get the best rates when they send the money...
GOD BLESS YOUR LIFE
youcan'tstopusnow
#775 Posted : Sunday, March 17, 2013 10:04:01 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
Tullow tried to pay Museveni - lawyer

http://www.monitor.co.ug.../-/vtisgpz/-/index.html

The political vested interests...


William Hague dragged
into Tullow Oil court row
http://www.thisismoney.c...llow-Oil-court-row.html
GOD BLESS YOUR LIFE
youcan'tstopusnow
#776 Posted : Saturday, March 23, 2013 12:13:25 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Tullow apologises to Museveni
http://www.telegraph.co....ribery-allegations.html
GOD BLESS YOUR LIFE
youcan'tstopusnow
#777 Posted : Monday, March 25, 2013 7:17:51 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
After being in the doldrums over the past 2 weeks, AOI seems to have woken up today. Sabisa should be very close to target depth by now...
GOD BLESS YOUR LIFE
youcan'tstopusnow
#778 Posted : Tuesday, March 26, 2013 8:09:36 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
youcan'tstopusnow
#779 Posted : Thursday, March 28, 2013 2:24:32 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Eastern Africa to become
major player in energy
geopolitics
http://m.euractiv.com/de...67#.UVNWlgueRZC.twitter
GOD BLESS YOUR LIFE
hisah
#780 Posted : Thursday, March 28, 2013 5:33:21 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
Eastern Africa to become
major player in energy
geopolitics
http://m.euractiv.com/de...67#.UVNWlgueRZC.twitter

According to various speakers, the development of the coal and gas reserves requires building infrastructure: roads, ports, rails, power grids, telecoms.

That's the keyword - building infrastructure... Pet projects for big money while people are expecting UK and Co to be sanctioned... Too much money to be made will not permit those sanctions. Follow the money...

See the sectors above and think in the lines of Mpesa bank, Kengen, Banks, Insurance, mining (GEMS) etc.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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