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Estimated 71 Billion Barrels...
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Nabwire wrote:What Simba is now Taipan? Hiyo excerpt ilisema Lion, uko na link?? Lion is simba, the article says Taipan owns Block 2B "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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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Are you serious? Simba owns block 2A not 2B. And the map shows them as two different companies, so im assuming Lion is the one that is now Taipan, either way Simba is being hammered today!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Ooh..ok buy buy buy "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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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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LOL nipe hizo pesa za kubuy
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Rank: Member Joined: 12/31/2006 Posts: 13
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Lion Petroleum is not Simba Oil. Simba has licence to block 2A Lion has licence to block 2B http://www.lionpetroleum...sentation_June_2012.pdf
The presentation has a current analysis of who owns which licences.
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Rank: Member Joined: 12/31/2006 Posts: 13
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Someone Please explain what Oburu Odinga just said as from 8:30...did someone just leak some vital information?????"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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Rank: Member Joined: 12/31/2006 Posts: 13
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I think he just did. He may be referring to block 12b which is on the eastern part of lake Victoria. The licence is shared with Tullow oil and Swala energy.
If you check out Swala on their website, they are a private exploration company reviewing their directors and management it looks like its Kenyan owned. Might explain why daktari knows a thing or two.
Looks like to get a piece one might play Tullow.
Keep on sharing murchr.
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Rank: Member Joined: 9/27/2011 Posts: 123 Location: Nairobi
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Aint getting the message. What is he saying?
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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minto wrote:I think he just did. He may be referring to block 12b which is on the eastern part of lake Victoria. The licence is shared with Tullow oil and Swala energy.
If you check out Swala on their website, they are a private exploration company reviewing their directors and management it looks like its Kenyan owned. Might explain why daktari knows a thing or two.
Looks like to get a piece one might play Tullow.
Keep on sharing murchr.
Yap...Am looking at Swala, the company is registered in the virgin islands....mmh!! "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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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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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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Rank: Member Joined: 11/16/2011 Posts: 196 Location: united states of africa
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And the mystery continues Terreng terreng like in William Tell series http://www.youtube.com/w...FMM&feature=related
Energy.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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KiFagio wrote: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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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Nabwire wrote:KiFagio wrote: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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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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murchr wrote:Nabwire wrote:KiFagio wrote: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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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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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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Rank: Member Joined: 3/26/2012 Posts: 280
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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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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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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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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Nabwire wrote: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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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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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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