@mukiri - this thread is for the hydrocarbon (oil & gas) multi-decade play coming to town in the EA region. At times we discuss some tips on hard minerals like rare earth and precious metals in EA. Follow the M&A deals in the oil industry that relate to EA and Africa.

As for where to commit money for future harvest, to make it easier for you rather than trying to follow the money on foreign markets wait for the GEMS market at NSE. This will give you exposure on those firms coming in to raise funds via IPO or private placement or OTC.

As for your last question, don't miss the hydrocarbon train. Life time opportunities are not plenty...

i once saw a documentary on wild cat oil drilling from a couple of bets by some millionaires in Las Vegas ..how feasible would a wild cat oil company be in East Africa?

Exploration Wells
In progress - Paipai (Kenya, Block 10A); P50 gross prospective resources: 121 million bbls; Chance of success 10%
In progress - Sabisa (Ethiopia, South Omo Block); P50 gross prospective resources: 68 million bbls; Chance of success 17%
Q1 2013 - Etuko (Kenya, Block 10BB); P50 gross prospective resources: 231 million bbls; Chance of success 34%
Q2 2013 - Etuko-C (Kenya, Block 10BB); No information available; potential up-dip from Etuko?
Q2 2013 - Ekales-S, (Kenya, Block 13T); P50 gross prospective resources: 64 million bbls; Chance of success 39%
Q2 2013 - Ekales-D (Kenya, Block 13T); Planned as down-dip sidetrack to Ekales-S well
Q2/Q3 2013 - El Kuran-3 (Ethiopia, Blocks 7/8); AOI internal estimate of gross oil in place: 1.3 billion bbls; Issue is whether prospect can produce at commercial rates (acidizing, fraccing, and horizontal sidetracks being considered)
Q3 2013 - Ngamia South (Kenya, Block 10BB); P50 gross prospective resources: 68 million bbls; Chance of success 39%
Q3 2013 - Shimela (Ethiopia, South Omo Block); No information available
2H 2013 - Kinyonga (Kenya, Block 9); P50 gross prospective resources: 320 million bbls; Chance of success 19%

Contingent/Potential Exploration Wells
Q4 2013 - To Be Announced (Ethiopia, South Omo Block)
To Be Confirmed - Pundamilia (Kenya, Block 9); P50 gross prospective resources: 402 million bbls; Chance of success 19%

Testing/Appraisal Wells
In Progress - Twiga and Ngamia Testing (Kenya, Blocks 13T & 10BB)
Q3 2013 - Ngamia Appraisal (Kenya, Block 10BB)
Q4 2013 - Twiga Appraisal (Kenya, Block 13T)

Contingent Testing/Appraisal Wells
2H 2013 - To Be Announced (Various)


API38

And how long does it take to declare commercial viabilty surely. Everyday discovery, discovery, exploration...eish.

Apart from fees paid to the gok,I would think the biggest portion of monies goes to hiring equipments and machinery,specialist foreign talent as well as transportation? Am I missing something here guys?