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Estimated 71 Billion Barrels...

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Matoe		#1151 Posted : Tuesday, January 17, 2017 6:16:54 PM
Rank: Member Joined: 6/14/2014 Posts: 332 Location: Nairobi		Now approaching 1 billion barrels with new strikes at Erut 1
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Liv		#1152 Posted : Tuesday, January 17, 2017 9:25:15 PM
Rank: Veteran Joined: 11/14/2006 Posts: 1,311		Matoe wrote: Now approaching 1 billion barrels with new strikes at Erut 1 With 1 B barrels Kenya can build its own pipeline without relying on any of its neighbors. Watch this space.
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watesh		#1153 Posted : Wednesday, January 18, 2017 7:20:17 AM
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya		Liv wrote: Matoe wrote: Now approaching 1 billion barrels with new strikes at Erut 1 With 1 B barrels Kenya can build its own pipeline without relying on any of its neighbors. Watch this space. Another fat Chinese loan coming soon
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Angelica _ann		#1154 Posted : Wednesday, January 18, 2017 7:35:57 AM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		watesh wrote: Liv wrote: Matoe wrote: Now approaching 1 billion barrels with new strikes at Erut 1 With 1 B barrels Kenya can build its own pipeline without relying on any of its neighbors. Watch this space. Another fat Chinese loan coming soon Build while eating half the money eventually making the project costly and non viable!!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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mlennyma		#1155 Posted : Wednesday, January 18, 2017 8:30:43 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Angelica _ann wrote: watesh wrote: Liv wrote: Matoe wrote: Now approaching 1 billion barrels with new strikes at Erut 1 With 1 B barrels Kenya can build its own pipeline without relying on any of its neighbors. Watch this space. Another fat Chinese loan coming soon Build while eating half the money eventually making the project costly and non viable!!!! and grabbing the land where the pipeline is designed to pass to get inflated compensation "Don't let the fear of losing be greater than the excitement of winning."
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Liv		#1156 Posted : Wednesday, January 18, 2017 8:49:58 AM
Rank: Veteran Joined: 11/14/2006 Posts: 1,311		mlennyma wrote: Angelica _ann wrote: watesh wrote: Liv wrote: Matoe wrote: Now approaching 1 billion barrels with new strikes at Erut 1 With 1 B barrels Kenya can build its own pipeline without relying on any of its neighbors. Watch this space. Another fat Chinese loan coming soon Build while eating half the money eventually making the project costly and non viable!!!! and grabbing the land where the pipeline is designed to pass to get inflated compensation It is still good for the economy irrespective ....better for Kenya to have the pipeline rather than not have it. With inflated costs the payback period will be longer however the country will have - better forex inflows from oil exports - support for KES - employment from the pipeline and associated industries - Some extra revenue stream for both national and county governments - GDP growth.
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Obi 1 Kanobi		#1157 Posted : Wednesday, January 18, 2017 9:52:09 AM
Rank: Elder Joined: 7/23/2008 Posts: 3,017		I get the feeling that Tullow are holding back. There must be much much oil reserves in this area. Their confidence in the Turkana region is rather high and its not surprising that they are back to discovering oil just as the global prices begin to look up "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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hisah		#1158 Posted : Saturday, March 11, 2017 11:20:02 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		hisah wrote: 70 storey building coming next to you for the crème de la crème. How many will believe this Jan 31 2012. The stars continue to line up http://bit.ly/2mcNUU4 $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Aguytrying		#1159 Posted : Monday, March 13, 2017 11:53:27 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		hisah wrote: hisah wrote: 70 storey building coming next to you for the crème de la crème. How many will believe this Jan 31 2012. The stars continue to line up http://bit.ly/2mcNUU4 Unbelievable yet you said it The investor's chief problem - and even his worst enemy - is likely to be himself
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hisah		#1160 Posted : Tuesday, March 14, 2017 4:45:37 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Aguytrying wrote: hisah wrote: hisah wrote: 70 storey building coming next to you for the crème de la crème. How many will believe this Jan 31 2012. The stars continue to line up http://bit.ly/2mcNUU4 Unbelievable yet you said it KE has a long way to go if you have a 20 year patience outlook! EA is a mini china in the making! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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